The cost price of an article is ₹800. After allowing a discount of 10%, a gain of 12.5% was made. The marked price of the article is:
Answer & explanation
Correct answer: option 3
According to Question,
CP MP
(100 - Discount) (100 + Profit%)
100 - 10 100 + 12.5
90 units 112.5 units
90 units = 800
1 unit = \(\frac{800}{90}\)
112.5 unit = 1000