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A shopkeeper purchased a television for Rs. 12000. He allows a discount of 15% on its marked price and still gains 10%. Find the marked pri…

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A shopkeeper purchased a television for Rs. 12000. He allows a discount of 15% on its marked price and still gains 10%. Find the marked price(approx) of the television.
  • ARs. 15380
  • BRs. 15530
  • CRs. 16370
  • DRs. 14865
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Discussion 1

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Let ‘Rs. x’ be the marked price of television.

Cost price of television = Rs. 12000

Gain% on television = 10%

∴ Selling price of television = [{(100 + gain%)/100} × C.P.]

⇒ Rs. [{(100 + 10)/100} × 12000] = Rs. [(110/100) × 12000] = Rs. 13200

Now, the discount = 15% of the marked price

⇒ 15% of Rs. x = Rs. {x × (15/100)} = Rs. 3x/20

∴ SP = (Marked Price) – (discount)

⇒ Rs. (x – 3x/20) = Rs. 17x/20

But, the SP = Rs. 13200

∴ 17x/20 = 13200

⇒ x = (13200 × 20/17)

⇒ x = 15530

Hence, the marked price of the television is Rs. 15530.