A manufacturer offers a product to a retailer at a 25% discount on the marked price. An additional shipping charge of 8% is applied. The retailer sells for Rs. 2400 more, earning a 35% profit. What was the original marked price?

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Accepted Answer

1. Let the marked price be $M$. After 25% discount price = $0.75M$. With 8% shipping cost = $0.75M	imes1.08=0.81M$.

2. The retailer's profit 35% means the profit amount is $0.35	imes(0.81M)$.

3. That profit equals Rs. 2400, so $0.35	imes(0.81M)=2400$. Solve: $M=\dfrac{2400}{0.35	imes0.81}=8465.60$.

4. So the marked price is **Rs. 8,465.60**, choice (a).

FINAL_ANSWER: a

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