The list price of a table fan is Rs 480 and it is available to a retailer at 25% discount. For how much should a retailer sell it to gain 15%?

Explanation

Given data:

The list price of a table fan is `=Rs 480`

Discount `= 25%`

SP`=M.Pxx(100-discount%)/100`

SP`=480xx(100-25)/100`

SP`=Rs 360`

cost price of a retailer`= Rs. 360`

Gain%=`15%`

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