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A trader purchased a washing machine for...

A trader purchased a washing machine for Rs. 10,000. He allows a discount of 12% on its marked price and still gains 10%. Find the marked price of the machine.

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To find the marked price of the washing machine, we can follow these steps: ### Step 1: Determine the Selling Price (SP) The trader purchased the washing machine for Rs. 10,000 and gains a profit of 10%. The Selling Price (SP) can be calculated using the formula: \[ SP = CP + (Profit \% \times CP) \] Where: - CP = Cost Price = Rs. 10,000 - Profit % = 10% Calculating the SP: \[ SP = 10,000 + \left( \frac{10}{100} \times 10,000 \right) = 10,000 + 1,000 = 11,000 \] ### Step 2: Set Up the Equation for Marked Price (MP) Let the Marked Price (MP) be denoted as \( X \). The trader allows a discount of 12% on the marked price. The Selling Price can also be expressed in terms of the Marked Price: \[ SP = MP - (Discount \% \times MP) \] Substituting the values we have: \[ 11,000 = X - \left( \frac{12}{100} \times X \right) \] ### Step 3: Simplify the Equation We can simplify the equation: \[ 11,000 = X - 0.12X \] \[ 11,000 = 0.88X \] ### Step 4: Solve for Marked Price (MP) To find \( X \), we rearrange the equation: \[ X = \frac{11,000}{0.88} \] Calculating \( X \): \[ X = 12,500 \] ### Conclusion The marked price of the washing machine is Rs. 12,500. ---
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