Question

An article is marked at Rs.800, a
trader allows a discount of 2.5% and
gains 20% on the cost. Find the cost
price of the article​

Answer 1

Answer:

Correct Answer:

A) Rs.1000

Description for Correct answer:

Let marked price of the article = Rs.x

Therefore, SP of the article after a discount of 10%

= x×(100−10100) = Rs.9x10

CP of the article with a profit of 12.5%

= 9x10×100100+125=Rs.9x10×1001125

But CP of the article = Rs.800

Therefore x = 800×1125×109×100 = Rs.1000

Step-by-step explanation:

Please......please mark  as braintlies !!!! :)

Answer 2

Answer:

Rs. 650

Step-by-step explanation:

Marked price- Rs. 800

Discount- 2.5%= Rs. 800*0.025= Rs. 20

Selling price= Rs. 800- Rs. 20= Rs. 780

Profit=  20%

Cost= x

• 780=x+20%
• 780=x*1.2

• x=780/1.2= Rs. 650

Cost price is Rs. 650