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Question
A shopkeeper sells an article for Rs. 248.50 after allowing a discount of 10%. Find the list price of the article.
Solution
S.P. of the article = Rs.248.50
Discount = 10%
Let M.P. = Rs.100
Discount =`10/100xx"Rs."100` = Rs.10
Selling price = Rs.100 − Rs.10 = Rs.90
If S.P. is Rs.90; then M.P. = Rs.100
If S.P. is Rs.1; then M.P. = Rs.`100/90`
If S.P. is Rs.248.50; then M.P. = Rs.`100/90xx248.50`
= Rs.`(100xx248.50)/90`
= Rs.`24850/90`
= Rs.276.11 (Approx)
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