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A shopkeeper allows a discount of 10% on the marked price of an article and still gains 20%. If the cost price is ₹600, what is the marked price?

Competition practiceProfit, Loss & Discount
  • A750
  • B780
  • C800
  • D720

Step-by-Step Solution

Selling price = ; since MP × 0.90 = 720, marked price = 720/0.90 = 800.
Answer: C) 800

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