initial discount = 20% additional discount = 12%
He sells the shirt at ₹704
The discount is calculated on market price while profit is calculated on cost price.
Let the Price of the shirt be 100 units
After giving two discounts the price will be,
100 × 80/100 × 88/100 = 70.4
As per the question value of
70.4 = 704
The value of 100 units = Rs 1000
English
80 Questions
160 Marks
60 Mins English English20 Questions40 Marks12 Mins English English80 Questions160 Marks60 Mins EnglishA shopkeeper allows a discount of 20% on the marked price. What price must be marked on an article costing ₹3360, so as to make a gain of 25%?
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