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Question
Find the M.P. in the following :
S.P. = Rs.1245, Discount = 17%
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Solution
S.P. = Rs.1245, Discount = 17%
`"S.P."/"M.P." = 1 - "discount"/(100)`
⇒ `(1245)/"M.P." = 1 - (17)/(100)`
⇒ M.P. = `(100)/(83)` x Rs.1245
= Rs.1500.
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