A shopkeeper marks his goods 40 percent above the cost price and allows his customer a discount of 10 percent on the marked price. Find the cost of that article on which they may be a gain of ruppes 325 on selling it in x.
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Step-by-step explanation:
Let us assume the selling price to be x. The shopkeeper gives a discount of 10% on marked up price. Let y be the cost. And we know Y+40%=X
So (X-10%)= y+325
0.9X= Y+325
Substituting above equation of X
0.9( Y+40%)=Y+325
0.9(1.4Y)=Y+325
1.26Y-Y=325
0.26Y= 325
Y= 1250
Thus, Y=1250 and X= 1250+40%= 1750
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