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An article is marked up by Rs 1225 above its cost price which is ‘x’. It sold at a discount of 0.27x and the profit earned by the shopkeeper is 8%.
Question

An article is marked up by Rs 1225 above its cost price which is ‘x’. It sold at a discount of 0.27x and the profit earned by the shopkeeper is 8%.
Quantity I: Find the value of Rs (x - 2500).
Quantity II: If cost price of the article is increase by 14.28% and sell at a profit of 25%, then find the profit (in Rs).

A.

Quantity I > Quantity II

B.

Quantity I < Quantity II

C.

Quantity I ≥ Quantity II

D.

Quantity I ≤ Quantity II

E.

Quantity I = Quantity II or no relation

Correct option is E

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