The list price of a table fan is Rs. 480 and it is available to a retailer at 25% discount. For how much should a retailer sell it to gain 15%?

Given,

List price of table fan = Rs 480

M.P. = 480

Retailer buys it at discount 25%

Cost price for the retailer is

C.P. =

C.P. = 36

Retails sells it to get 15%

15% =

S.P. =

S.P. =

S.P. = 414

Retailer should sell it for Rs 414 to get 15% gain