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    A trader sells an item to a retailer at 20% discount, but charges 10% on the discounted price, for delivery and packaging. The retailer sells it for INR 2046/- more, thereby earning a profit of 25%. At what price had the trader marked the item

  • INR 9400/-
  • INR 9000/-
  • INR 8000/-
  • INR 12000/-
  • INR 9300/-
  • Explanation:

    Let marked price = INR x

    S.P. of item = x × 80/100×110/100 = 22x/25

    For retailer,

    S.P. = 22x/25×125/100 = 11x/10

    According to question,

    11x/10-22x/25 = 2046

    55x-44x/50 = 2046

    11x = 2046×50

    x = 186×50

    x = INR 9300/-