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A man buys a chair for 1,500. He wants to sell it at a profit of Rs 250 after making a discount of Rs 100. What is the M.P. of the chair?

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A man buys a chair for 1,500. He wants to sell it at a profit of Rs 250 after making a discount of Rs 100. What is the M.P. of the chair?

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CP = Rs 1,500

Profit = Rs 250

SP = CP + Profit

= Rs 1,500 + Rs 250

= Rs 1,750

Discount = Rs 100

SP = MP – Discount

MP = SP + Discount

= Rs 1,750 + Rs 100

= Rs 1,850

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