The marked price of a mobile is 25% above its cost price, When it is sold at a gain of 10%, the profit amounts to Rs 725. Find the marked price of the mobile.
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Let the Cost price be CP And the Selling price be SP
Marked price = 1.25 CP
Profit = SP- CP = Rs 725
Gain % = (SP-CP)x100 / CP = 10
7250/CP = 1
CP= Rs 7250
Marked Price = 1.25 x 7500 = 9062.5 Rs
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