Business Mathematics MCQ: At what price should the Karan mark a sewing machine that costs him Rs. 1200/- so that even after offering a 20% discount, he makes 25% profit?

At what price should the Karan mark a sewing machine that costs him Rs. 1200/- so that even after offering a 20% discount, he makes 25% profit?

Correct Answer: rs. 1,875/-

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