Question
A gadget costing Rs. 3,500 is
sold after offering a discount of 15%. If a profit of 25% is made on the sale, what is the marked price of the gadget?Solution
ATQ, Selling price of the gadget = 3,500 × 1.25 = Rs. 4,375 So, marked price of the gadget = 4,375 × (20/17) = Rs. 5,147.06
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