Mathematics · Profit and Loss
A shopkeeper sold an article for Rs. 1000 and earned some profit. By selling the same article for Rs. 325, he incurred a loss equal to 14 times the profit earned initially. If he wants to make a profit of 40%, at what price should he sell the article?
- 1Rs. 1937
- 2Rs. 1337✓
- 3Rs. 1437
- 4Rs. 1837
Correct answer
Rs. 1337
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