A trader marks his goods in such a way that even after allowing 15% discount on marked price he still gains 27.5%. If the cost price of the goods is ₹ 200, then its marked price is:
Answer & explanation
Correct answer: option 1
CP MP
100 - D% 100 + P%
100 - 15% 100 + 27.5%
85 127.5
85x = 200
then, 127.5x = ₹300