Question

A company declared 20% discount for wholesale buyers on an item. A wholesaler bought the item from the company for ₹400 after getting a discount. He fixed up selling price of the item in such a way that he earned a profit of 15% on the original company price. What is the selling price of the item?

A ₹500
B ₹525
C ₹550
D ₹575
E ₹600
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