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Question 1 / 15At what price should the Karan mark a sewing machine that costs him Rs. 1200.S0 that even after offering a 20% discount,he makes 25% profit?Rs.2025Rs.1900Rs.1675Rs.1875

Question

Question 1 / 15At what price should the Karan mark a sewing machine that costs him Rs. 1200.S0 that even after offering a 20% discount,he makes 25% profit?Rs.2025Rs.1900Rs.1675Rs.1875

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Solution

First, let's calculate the price at which Karan should sell the sewing machine to make a 25% profit.

The cost price of the sewing machine is Rs. 1200.

A 25% profit on this cost price would be 25/100 * 1200 = Rs. 300.

So, the selling price for a 25% profit would be the cost price + profit = 1200 + 300 = Rs. 1500.

However, Karan wants to offer a 20% discount on the marked price and still make a 25% profit.

This means that the selling price of Rs. 1500 should be 80% (100% - 20%) of the marked price.

Let's denote the marked price as x.

So, we have the equation 0.8x = 1500.

Solving for x gives us x = 1500 / 0.8 = Rs. 1875.

So, Karan should mark the sewing machine at Rs. 1875.

This problem has been solved

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