Question

87.
A trader marks his goods 25% above the
cost price and allows a discount of 12.5%
on the market price. If he sells an article
for 875, then the cost price of the article
is -
(A) 850
(B) 3825
(C) 3800
(D)
775​

Answer 1

Answer:

CP of the article is 800

Answer 2

Step-by-step explanation: Rs 800/-

Let the cost price be Rs 100/-

The trader marks his goods at 25%

∴ The marked up price is Rs 125/-

He allows a discount of 12.5% at the time of selling

∴  The selling price is Rs 125-12.5% = Rs 109.375

When the selling price is Rs 109.375 the cost price is Rs 100

∴ When the selling price will be Rs 875 the cost price would be 100/109.375*875 = Rs 800/

The given option are wrong.

Hope this helps.