A shopkeeper marks his goods at such a price that after allowing a discount of 12.5% on the marked price, he still earns a profit of 10%. The marked price of an article which costs him Rs.4,900 is
Correct Answer: Description for Correct answer:
Tricky approach
SP of the article
= \( \Large 4900 \times \frac{110}{100} \)
Marked price = \( \Large \frac{100}{87.5} \times 5390 \)
[Discount being 12.50%]
=Rs.6160
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