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Question

A shopkeeper is an 8% discount on the Marked price of a camera he sold a camera for rupees 460 what was its marked price

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Solution

Given,
Selling Price of item = Rs 460
Discount on marked price = 8%
Let Marked Price be MP
Discount = Discount % on MP
= 8/100*MP
Selling Price = Marked Price - Discount
460 = MP - 8/100 MP
= 92/100 MP
MP = 460*100/92
= Rs 500

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