Question

Tarun got 30% concession on the labelled price of an article and sold it for Rs. 8750 with 25% profit on the price he bought. What was the labelled price ?

Answer 1

C.P = Rs $(\frac{100}{125}\times 8750)=Rs7000$

Let the labelled price be Rs x $\Rightarrow \frac{70x}{100}=7000$

$\Rightarrow x=Rs\frac{7000\times 100}{70}=Rs10,000$