Question

Tarun got 30% concession on the labelled price of an article and sold it for Rs. 8750
with 25% profit on the price he bought. What was the labelled price ?
(a) Rs. 10,000
(b) Rs. 12,000
(c) Rs. 16,000
(d) Data inadequate
(e) None of these​

Answer 1

Answer:

Rs. 10000

Step-by-step explanation:

Cost Price = Rs.[100125×8750] = Rs. 7000.

Let the labelled price be Rs. x.

Then, 70100*x=7000

⇒x=Rs.(7000*100/70)

= Rs.10000