Question
A shopkeeper sold a jacket for Rs. 3500 at a loss of
30%. At what price should he have sold the jacket, to earn a profit of 25%?Solution
Let CP = Rs. x => SP = (100-30)% × x => 3500 = (70/100) × x => x = 5000 CP = Rs. 5000 Profit = 5000 × (25/100) = Rs.1250 SP = CP + Profit SP = 5000 + 1250 = Rs.6250
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