Given:
Selling price = Rs. 28,000
Loss = 30%
Desired profit = 25%
Formula Used:
SP = (100 ± Profit/Loss %) / 100 × CP
Solution:
Cost Price (CP) = 28000 / 0.7 = Rs. 40,000
New selling price for 25% profit = 40,000 × 1.25 = Rs. 50,000
English
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