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Question
Find the M.P. in the following :
S.P. = Rs.1892, Discount = 14%
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Solution
S.P. = Rs.1892, Discount = 14%
`"S.P."/"M.P." = 1 - "discount"/(100)`
⇒ `(1892)/"M.P." = 1 - (14)/(100)`
⇒ M.P. = `(100)/(86)` x Rs.1892
= Rs.2200.
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