Tarun got 30% concession on the labelled price of an article and sold it for Rs. 8750 with 25% profit on the price he bought. What was the labelled price?
10000
12000
11000
14000
13000
Let MP = 100
CP = 70
S = 70 1.25 = 87.5
Now 87.5 % = 8750
MP = 100% = 10000