The marked price of a bag was $412.50 . The marked price has decreased by 12.5% since last year. Find its marked price last year.
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M.P = $412.50
decrease % since last year = 12.5%
Therefore,M.P last year = $412.50 + 12.5% of $412.50
= 412.50 + 125/1000 * 412.50
= $464.07 Ans..
decrease % since last year = 12.5%
Therefore,M.P last year = $412.50 + 12.5% of $412.50
= 412.50 + 125/1000 * 412.50
= $464.07 Ans..
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