Question

A dealet buys an article for rs 380 at what price must he mark it so that after allowing a discount of5% be still makes a profit of25%?

Answer 1

CP of an article = rs.380

Gain% = 25%

SP = CP(100+Gain%/100)

SP = 380 (100+25/100)

SP = 380 ( 125/100)

SP = 380 * 125 / 100

SP = rs.475

SP = rs.475

Discount% = 5%

MP = SP (100-Discount% /100)

MP = SP (100-5/100)

MP = 475 * 95/100

MP = rs. 451.25

So; the shopkeeper marks it on rs.451.25

Hope this will helps you.....