Question
A dealer marked the price of an item 20% above cost price. He allowed two successive discounts of 20% and 25% to a customer.
A dealer marked the price of an item 20% above cost price. He allowed two successive discounts of 20% and 25% to a customer. As a result he incurred a loss of Rs.812. At what price did he sell the item to the customer?
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Quantitative Methods For Business
Authors: Donald Waters
5th Edition
273739476, 978-0273739470
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