Question

A dealer is selling an article at a discount of 15%. Find:
(i) the selling price if the marked price is ₹ 500;
(ii) the cost price if he makes 25% profit.

Answer 1

Answer:

Step-by-step explanation:

15%discount=if cp=100then SP=85

When cp500 then SP=500*85/100=425

Cp=425*100/125=340

Answer 2

Answer:

Discount=15%

MP=₹500

SP=MP-D

SP=500-15/100*500

SP=500-75

SP=425

P=25%

CP=SP-P

CP=425-25/100*CP

CP=425-1/4CP

CP+1/4CP=425

5/4CP=425

CP=425*4/5

CP=340