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Aptitude · Q185

Profit And Loss

Competitive Exams · Aptitude · question 185

Q185

A got 30% concession on the label price of an article and sold for Rs. 8750 with 25% profit on the price he bought. The label price was = ?

A.
Rs. 13000
B.
Rs. 16000
C.
Rs. 12000
D.
Rs. 10000
Answer

Answer: Option D

Solution

Answer: Option D
Solution:

Let the labelled price be Rs. x
Then,