A shopkeeper increases the markup price of an article by 50% and then allows a discount of Rs. 50. If he received a profit of 25% then find the selling price of the article.
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Answer:
Let original CP = 100 units
CP of Balaji = 100×150100×80100=120 units100×150100×80100=120 units
SP of Balaji = 130100×100=130 units130100×100=130 units
Profit of Balaji = 130 - 120 = 10 units
Profit percent = 10120×10010120×100
= 8.33%
Note : There is no use of Rs. 20 given in the question
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