Question

A vendor priced an item 25% higher than its cost price. During the sale of the pen drives, if the seller enhances the discount from 15% to 20%, the profit will decrease by Rs. 1525. Determine the selling price at which the pen drives should be sold to achieve a profit of 40%.

A Rs.35000
B Rs.24160
C Rs.32260
D Rs.34160
E none of these
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