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Question

A trader adds 40% of the price he pays for his goods to give the selling price. He later reduces the price of the goods, in a sale, by 25%. If the trader buys an article for Rs. 640; find its sale price.

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Solution

Lets price of goods be Rs. 100
After adding 40% price S.P =100+40= Rs. 140
In sell 25% of selling S.P =140×25100= Rs. 35
Hence after discount S.P =14025= Rs. 105
Total gain =105100=5%
If cost Rs. 640
then Selling price =640+640×5100= Rs. 672

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