An Indian seller pay 40% custom duty on an i-phone 7 which costs Rs. 50,000 in U.S. For how much marked price on the i-phone 7 in India if the seller wants to gain 10% after giving 20% discount to the buyer?
1
Rs. 90,000
2
Rs. 1,00,00
3
Rs. 96,250
4
Rs. 82,500