After offering a discount of 28 percent on the sale of an item, a seller made a profit of 12.5 percent. If the cost price of the item was Rs. y. What was the marked price of the item?
MP/CP = (100 + P%)/(100 - D%) MP/y = (100 + 12.5)/(100 - 28) MP/y = 112.5/72 MP = 1.5625y
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