Math Problem Statement
The shopkeeper sells his goods at 10% discount on the marked price. What price should he mark on an article that cost him 900 to gain 10% ?
Solution
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Math Problem Analysis
Mathematical Concepts
Percentage
Profit and Loss
Discounts
Basic Algebra
Formulas
Selling Price (SP) = Cost Price (CP) × (1 + Gain%)
SP = Marked Price (MP) × (1 - Discount%)
Theorems
Percentage Calculation Theorem
Suitable Grade Level
Grades 6-8
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