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Question
A shopkeeper allows 20% discount on the marked price of his articles. Find the marked price of an article for which he charges Rs. 560.
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Solution
Let Marked price (M.P.) = Rs. 100
Discount = 20%
∴ S.P. of that article = Rs. 100 - 20 = Rs. 80
If S.P. is Rs. 80, then marked price = Rs. 100
and if S.P. is Rs. 560, then marked price
= Rs. `(100 xx 560)/80` = Rs. 700
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