Mathematics · Profit and Loss
The profit earned when an article is sold for Rs. 800 is 20 times the loss incurred when it is sold for Rs. 275. At what price should the article be sold if it is desired to make a profit of 25%?
- 1Rs. 500
- 2Rs. 300
- 3Rs. 475
- 4Rs. 375✓
Correct answer
Rs. 375
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