Question

by selling a pair of earings at a discount of 25percent on the marked price, a jeweller makes profit of 16 percent . if profit is 48 ,WHAT is the cost price ? what is marked price and the price at which the pair was eventually bought ?​

Answer 1

Let the MP be rs.100

D= 25%

SP= (100-D) /100 × MP

= (100-25) / 100 × 100

= Rs.75

P = 16%

P = 16÷100 × 75

= rs.12

When p= 12 ; MP = 100

When p = 48 ; MP = 100÷12×48

= 400

Therefore MP= 400

Sp = (100-25) / 100 ×400

= 300

P= 16%

Cp = (100-16) / 100 × 300

= 252

Answer 2

Answer-

Profit%=16%

Profit=48

Profit%=Profit×100/C.P

16%=48×100/cp

Let cp be x

x=48×100/16 (using cross multiplication)

Hence, Cp=₹300

Now, we'll find the sp-

Sp=Cp+Profit

=300+48

=₹348

Marked price=100×sp/100-discount%

=100×348/100-25

so, marked price=₹464

So this is ur answer, hope it helped