A television marked at Rs. 25,000 is sold at a 10% discount and the shopkeeper still gains 12.5%. What is the cost price?
Correct answer D. Rs. 20,000
Explanation
Selling price after the discount = 25,000 × 0.90 = Rs. 22,500. Since this includes a 12.5% gain, CP = 22,500 × 100/112.5 = Rs. 20,000.
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