A cycle merchant allows 25% discount on ...

A cycle merchant allows 25% discount on the marked price of the cycles and still makes a profit of 20%. If he gains 360 over the sale of one cycle, find the marked price of the cycle.

A

₹ 2,920

B

₹ 2,800

C

₹ 2,880

D

₹ 2,900

Text Solution

Verified by Experts

The correct Answer is:

C

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