after allowing discount of 7 1/2% of the mp an article sold rs 555.find the mp
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Step-by-step explanation:
Given
SP of the article=RS.555
Discount=7.5%
let the NO of the article be RS.=x
therefore, Discount =Discount×MP = RS.
100
=RS 7.5x =0.075x
100
since SP = MP - Discount
555= x-0.075x
x. = 555
0.925
= Rs.600
This,the MP of the article is RS 600.
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