A dealer bought a refrigerator for $ 11515. After allowing a discount of 16% on its marked price he gains 20%. Find the marked price of the refrigerator?
Let mark price be the x
CP of the refrigerator is $11515
He gave a discount 16% on it, so we calculate discount on mark price
So, ![]()
Selling price = mark price – discount
Selling price = x–0.16x = 0.84x
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x =$ 16450
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