Question

. A seller sells an article at a discount of 25% but still makes a profit of 5%. If the selling price of the article 630, find: (i) the marked price of the article; (ii) the cost price of the article.​

Answer 1

Answer:

(i) Marked price = 840

(ii) Cost price = 600

Step-by-step explanation:

Selling price = 630

He is selling it for a discount of 25%

ie, (75/100) * x = 630

Marked price, x = 630 * 100 / 75 = 840

And he is getting a profit of 5%

ie, (105/100) * y = 630

Cost price, y = 630 * 100 / 105 = 600