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Question

A shopkeeper buys an article for Rs. 450. He marks it at 20% above the cost price. Find the marked price of the article.

A
Rs.426
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B
Rs.540
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C
Rs.632
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D
Rs.720
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Solution

The correct option is A Rs.540
Marked price will be =C.P.+20 % of C.P.
=120100×C.P.
=120100×450
= Rs. 540

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