Question

By selling an article at 20% discount, a
shopkeeper gains 25%. If the selling price of
the article is 1,440; find :
(i) the marked price of the article.
(ii) the cost price of the article.​

Answer 1

Answer:

Let M.P be x

then discount=20%ofx

100

20

×x=

5

x

S.P=M.P-discount

x−

5

x

=

5

4x

But given S.P=1440

5

4

x=1440

x=

4

1140×5

x=1800

Profit=S.P-C.P

25%ofC.P=1440−C.P

4

1

C.P=1440−C.P

4

1

C.P+C.P=1440

4

5

C.P=1440

C.P=1140×

5

4

C.P=1152

So,M.P=1800andC.P=1152