At what price should the Karan mark a sewing machine that costs him Rs. 1200/- so that even after offering a 20% discount, he makes 25% profit?
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Answer:
1875
Step-by-step explanation:
Cost of a sewing machine = Rs. 1200
By giving 20% discount on the marked price of a sewing machine, the cost price =
100/80 * 1200 = Rs. 1500
By making a profit of 25% on the cost price of a sewing machine, the marked price of the sewing machine is
125/100 × 1500 = 125 × 15 = Rs. 1,875/
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