Question

A shopkeeper marks the price of an article 25% above the cost price.After allowing a discount of 15% on its marked price, it was sold at a gain of Rs.2700.Find its marked price

Answer 1

Step-by-step explanation:

a man marks the price of his articles at 25% more than C..P

let cost price (CP) of article be = rupees 100

25% of 100 =rupees thuss he marks its price=rupees 100+rupees 25 = rupees 125

the man then allows 15% discount on marked price

15% discount on rupees 125

=75/4

=rupees 18.75

selling price of article = rupees 125 - rupees 18.75

selling price of article = rupees 106.25

profit = sale price - cost price

profit = rupees 106.25- rupees hundred = rupees 6.25

profit %= profit/cost price×100

profit%= rupees 6.25/rupees 100 × 100

profit% = 6.25 percent%