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Income of man in 2020 = {31250/(1.25 × 1.25)} = Rs. 20,000
Ratio of MP and SP of an article is 8:5 and the article is sold at 25% profit. Find cost price of article, if the selling price is 200 more than its CP?
A seller marks up the price of an article by 35% and then gives a discount of 20%. What is the profit if the marked price of the article is ₹810?