1. Dealer purchased an article for Rs. 900 and fixes the list price in such a way that he gains 20% after allowing 10% discount, then the list price is
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By: anil on 05 May 2019 01.48 am
Let the list price = $$Rs.$$ $$100x$$ Discount % = 10 % => Selling price = $$100x imes frac{90}{100}=Rs.$$ $$90x$$ -----------(i) Cost price = Rs. 900 Profit % = 20 % => Selling price = $$900 imes frac{120}{100}=Rs.$$ $$1080$$ ----------(ii) From (i) and (ii), => $$90x=1080$$ => $$x=frac{1080}{90}=12$$ $$ herefore$$ List price = $$100 imes 12=Rs.$$ $$1200$$ => Ans - (C)
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