a dealer of scientific instruments allows 20% discount on mark MP of the instrument and still makes a profit of 25% if his gain over the sale of instrument is rupees 150 find the MP of the instrument
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GIVEN
- Let C.P of instrument = Rs.100
- Profit = 25% of Rs.100=Rs.25
SOLUTION
If profit is Rs.25,
- C.P = Rs.100
If profit is Rs.150, C.P
- =Rs.100/25×150
- =Rs.600
S.P of the instrument
- = Rs.600+Rs.150
- = Rs.750
Let M.P of the instrument be Rs. 100
If S.P is Rs.80,
- MP = Rs.100/80×750
- MP = Rs.937.50
★ Thus, marked price of the instrument =Rs.937.50
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