The marked price of a table fan is ₹3,750 and is available to the retailer at a discount of 20%. At what price should the retailer sell it to earn a profit of 15%?
Explanation:
Cost price of retailer = 3750 × 4/5 = Rs. 3000
To earn a profit of 15%, retailer should sell it for 3000 × 1.15 = Rs. 3,450
Hence, option (a).