A) 10,000
B) 13,000
C) 16,000
D) 12,000
Correct Answer: A
Solution :
Let the labelled price be Rs. x Now. \[C.P.=\frac{100}{(100+profit\,%)}\times S.P\] \[C.P.=\frac{100}{(100+25)}\times 8750=Rs.\,7000\] Now, (\[1-30%\]concession) label price = C.P \[\left( 1-\frac{30}{100} \right)x=7000\] \[\frac{70}{100}x=7000\] \[x=\frac{7000\times 100}{70}\] \[x=Rs.\,10,\,000\]You need to login to perform this action.
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