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Question
Find the S.P. in the following :
M.P. = Rs.850, Discount = 16%
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Solution
M.P. = Rs.850, Discount = 16%
`"S.P."/"M.P." = 1 - "discount"/(100)`
⇒ `"S.P."/(850) = 1 - (16)/(100)`
⇒ S.P. = `(84)/(100)` x Rs.850
= Rs.714.
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