
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
The cost price of a product is 1000 yuan, and its selling price is 1500 yuan. Due to poor sales, the store decides to reduce the price for sale, but it must ensure that the profit margin is not less than 5%. How much can the store reduce the price at most to sell this product?

Present the answer in LaTex format: \boxed{Your answer}
user