a dealer of scientific instruments allows 20 percent discount on the marked price of the instruments and still makes a profit of 25 percent .if his gain over the sale of an instrument is rupees 150, find the marked price of the instrument
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Step-by-step explanation:
Let C.P of instrument =Rs.100
Profit =25% of Rs.100=Rs.25
If profit is Rs.25,C.P=Rs.100
∴ If profit is Rs.150,
C.P=Rs.25100×150=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, M.P=Rs.80100×750=Rs.937.50
Thus, marked price of the instrument =Rs.937.50
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