A shopkeeper marks his goods at a price such that after giving a discount of 20%, he gains 25%. If the cost price of the article is ₹560, what will be its marked price (in ₹)?
Answer & explanation
Correct answer: option 2
CP MP
100 - D% 100 + P%
100 - 20% 100 + 25%
80 125
80x = 560
then, 125x = 875