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A trader allows a discount of 15% of the...

A trader allows a discount of 15% of the marked price if his article. How much above the cost price should he mark to gain 19% ?

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Verified by Experts

Given
Let the CP` = Rs.100`
Then SP`= 100 + 19 = Rs.119`
Let the marked price be` Rs. x`
Then `85% of x = 119`
`85/100xx(x) = 119`
`x = 119xx100/85 =140`
Marked price `= 40%` above CP
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