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
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