Math Problem Statement

VJ Sales purchases plasma TVs in bulk at Rs. 60000 each. However the marked price on a plasma TV at the VJ Sales showroom is Rs. 63000.

If VJ Sales raises the marked price by 20% and then offers a discount of 20% on each TV, what will be the percentage change in their selling price?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Change
Marked Price
Selling Price
Discount Calculations

Formulas

Percentage Change Formula

Theorems

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Suitable Grade Level

Grades 9-12