A company instead of raising the mark-up by 20% discounted the cost price by 20% while stiching the price tag on its product. Further the company offers a discount of 6.25% to its customer. In this process company incurs a loss of RS. 37.5 on a single article. What is the selling price of that article?

1)417.5

2)112.5

3)365.5

4)none of these


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    112.5

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  • Exam: Profit and Loss QUESTIONS





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