Question

A trader allows a discount of 5 percent to his customers. What price should he mark on an
article, the cost price of which is Rs.800 so as to make a clear profit of 25 percent on his
outlay?
1) Rs.1000
2) Rs.1053
3) Rs.1200
4) Rs. 1123​

Answer 1

Solution

Given :-

• Cost price of an artical = Rs. 800
• % profit = 25%.
• Discount on this artical = 5%.

Find :-

• Market price of this artical

Explantion

First we calculate here, Profit .

For this,

Using Formula

★ % profit = (profit × 100)/C.P.

Or,

★ profit = ( c.p. × %profit )/100

So, keep above Value

==> profit = ( 800 × 25)/100

==> profit = 8 × 25

==> profit = Rs 200 .

So, Now calculate S.P.

==> S.P. = C.P. + profit

keep value,

==> S.P. = 800 + 200

==> S.P. = Rs. 1000

We calculate now, Market price.

Here,

Discount on M.P. = 5%.

So, Using Formula

★ S.P. = M.P. × ( 100 - %discount)/100

keep value,

==> 1000 = M.P. × (100 - 5)/100

==> 1000 × 100 = 95 × M.P.

==> M.P. = 1,00,000/95

==> M.P. = 1052.63

Or,

==> M.P. = Rs. 1053 (Approximately)

Hence

• Your Answer will be option Number (2).

______________________

Answer 2

Answer:

2) Rs.1053 is your answer.