Question

A shopkeeper purchases a watch for rs.380. at what price should the shopkeeper sell the watch so that even after giving a discount of 5% he gains a profit of 25%? (Please give the full solution with explanation and solving method)

Answer 1

Answer:

MP = 380*125/95 = 500 (Ans)

Method :-

CP = 380

gain = 25%

SP = CP*(100+P)/100 = 380*125/100 = 475

now,

SP = 475

D% = 5

MP = SP*100/(100-D%) = 475*100/95 = 500 (Ans)