In 2016 the price of an article was rupees 10000 if its prices increased by 25% in 2017 and find the price of the article in 2017
Please do it with profit formula
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Answer:
₹12,500
Step-by-step explanation:
The price of article=₹10,000
price increased in one year=10000×25/100=₹2500
Therefore, The price of article in 2017 is ₹ 12500
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