Question

A shopkeeper allows 15% discount and still makes 5% profit . Find the market price of an article which costs him ₹340.

Answer 1

of course it is..,......

Answer 2

marked price= 340
discount = 15% of 340
= 15/100× 340
= RS 51
so the selling price = 340-51=289
let the cost price be Rs 100
profit = 5% of 100
= RS 5
so the selling price = (100+5)= RS 105
if the selling price is 105 ,cost price = 100
if the selling price is 289 cost price=x
105/289=100/x
x= 275
thank you,hope it helps