Multiple choice

A music system listed at $Rs\ 8000$ is sold to retailer at successive discount of $25\%$ and $15\%$. The retailer desires a profit of $20\%$ of his cost price after allowing $10\%$ trade discount (on list price) to the customer. At what price should he list the music system.

  1. $Rs\ 6200$
  2. $Rs\ 6700$
  3. $Rs\ 6800$
  4. $Rs\ 7000$
  5. $None$
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A Correct answer