Question

A shopkeeper allows 25% discount on the marked price of the article and still makes
a profit of 20% if he gain ₹ 360 over the sale of one article find the marked price of article

Answer 1

Answer:

Question

Bookmark

A merchant allows 25% discount on the marked price of the cycles and still makes a profit of 20% if the gains Rs 360 over the sale of one cycle, find the marked price of the cycle.

Medium

Solution

verified

Verified by Toppr

Let marked price be x

selling price = marked price - discount

=x

100

−25

x

=

100

75

x=

4

3

x

Gain % =

CP

Gain

×100

CP=

20

360

×100=1800 Rs

So, Gain = SP - CP

360=

4

3

x−1800

⇒2160=

4

3

Rs

S x=

3

2160×4

=2880 Rs