Question

12. a) The marked price of an item is Rs 1,500 and 10% discount is given to make 20%,

Answer 1

10% of 1500 = Rs 150
Therefore sold price = 1500 - 150 =Rs 1350
Let x be the amount bought for the product by shopkeeper
Price bought for product by shopkeeper = 120/100 x = 1350
X = 1,125 Rs
Therefore for 12 % profit
112/100 x 1125 = Rs 1260 (final answer)
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