Question

A dealer allows a discount of 25% to his customers and still gains 25%. Find the marked price of an article
marked price of an article which costs the dealer 1000.​

Answer 1

Answer:

Marked Price = 1666.66 apprx

Step-by-step explanation:

Cost price of the article/ object = 1000

Discount given to Marked price = 25 %

Gain after 25% discount = 25 %.

So, amount gained = +250, so total 1250 money recieved.

Now, calculating the Marked price, we get marked price as  = 1250 * 100/75

                                                           = 1666.66 apprx. (ans.)