A shopkeeper allows 23% commission on his advertised price and still makes a profit of 10%. If he gains Rs. 56 on one item, his advertised price of the item, in Rs. is

• Let X is the Cost price of item.
  As given Profit=56 and %Profit=10
  so (56*100)/X=10 By solving this we will get X=560.
  SP will be 560+56=616
  Let Advertised price is Y
  as he is giving 23% commission so he is taking 100-23 = 77% of advertised price.
  so 77% of Y is 616
  That is (Y*77)/100=616
  Y=(616*100)/77=800 Answer.
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