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India and Tanzania have signed an MoU for setting up a new campus of IIT Madras. This is the first IIT campus to be set up outside India. Union Minister for Education and Skill Development and Entrepreneurship Dharmendra Pradhan described the decision as historic. Tanzania is an East African country, its capital is Dodoma.
An item is sold at 70% of its marked price, resulting in a 40% profit. Determine the ratio of the marked price to the cost price for this item.
An anicle was sold for ₹1,215 after giving a discount of 19%. If a discount of 17.5% is given, then for how much (in ₹) should the article be sold?