Question

6. A shopkeeper purchased an article for 700. He makes a profit of 25%, while the article was sold at a discount
of 20%. Find
(i) the selling price,
(ii) the marked price.
​

Answer 1

Step-by-step explanation:

CP=Rs700

Profit =25%

SP=700×25/100

=7×25

=175

=(700+175)

=Rs875

CP=Rs700

Discount =20%

=700×20/100

=7×20

=140

Profit=175

MP=Rs(700+175+140)

=Rs1015

Hope it helped.

Answer 2

Answer:

CP = 700

P = 25%

1. SP = CP×10/100-D%

=. 875×100/100-20

=. 875×100/80

By cutting method we will get 1093.75