Cost price of an article is Rs. 25,000. What should be the marked price in order to earn 15% profit after allowing 5% discount?
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Answer:
Step-by-step explanation:
Given: Cost price of an articles i.e. CP = Rs 25,000
Profit made on selling = 15%
Discount = 5% of Cost Price
Solution: Discount Rs = Discount% of Cost price
= 5/100 X Rs 25,000
= Rs 1250
Profit earned Rs = Profit % of 25000
= 15/100 X 25000
= Rs 3750
Cost price with profit earned price = Rs 25000 + Rs 3750 = Rs 28750
Marked price = Cost price with profit earned Rs - Discount Rs
= Rs 28750 - Rs 1250
= Rs 27500
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