What price (in Rs.) should Radha mark on a bag which costs Rs. 1680 so as to earn a profit of 25% after allowing a discount of 16% on the marked price?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 2500.
CP of a bag = 1680
SP of a bag at the profit of 25% = 1680 × 125% = 2100
MP of a bag = 2100 × 100/84 = 2500.