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CAT 2017 Quantitative Ability

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Question : 27

Total: 34

A company instead of raising the mark-up by 20% discounted the cost price by 20% while stitching the price tag on its product. Further the company offer a discount of 6.25% to its customer. In this process company incurs a loss of Rs. 37.5 on a single article. What is the selling price of that article?

417.5
112.5
365.5
None of these

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