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Question

Find the MP, if

SP=Rs. 495 and Discount %=1%

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Solution

Selling price (SP) =Rs. 495

Discount %=1%

Let the marked price be Rs. x

Selling price = Marked price Discount %100×MP

495=x1100×x

495=100xx100

495=99x100 [by cross - multiplication]

99x=49500

x=500

Hence, the marked price is Rs. 500


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