by selling an article at a discount of 25 percent a shopkeeper gets rs 16 less as profit than by selling it 16 2/3 percent discount if the cost price of 12 articles is equal to marked price of 8 articles then find cp of each article
Answers
❥Let the sale price of each article be $10
❥Thus the sale price of 25 articles will be $250.
As per statement the cost price of 20 articles is same as sale price of 25 articles.
❥Thus, the cost Price of 20 articles is $250
Cost price of each article = $250/20 = $12.50
❥Loss = cost price - selling price
❥Loss on selling the article is $12.50 –$10.0 = $2.50
Loss% = loss/cost price × 100
❥Percentage loss= $2.50/$12.50 × 100 = 20%
The loss on selling the article is 20%
: The percentage loss on selling the article is 20%
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Answer:
The cost price of each particle is 128.
Step-by-step explanation:
- Step-1: Suppose the cost price of each article is 100.
The cost price of 12 articles = 12 × 100 = 1200
Marked price of 8 articles = cost price of 12 articles = 1200
Marked price of each article = = 150
- Step-2: 25% discount on marked price(150).
Amount of discount = 150 × = 37.5
The selling price = Marked price - discount = 150 - 37.5 = 112.5
Profit = Selling price - cost price = 112.5 - 100 = 12.5
- Step-3:
% =
% discount on marked price(150).
Amount of discount = 150 × = 25
The selling price = Marked price - discount = 150 - 25 = 125
Profit = Selling price - cost price = 125 - 100 = 25
- Step-4: The difference in profit = 25 - 12.5 = 12.5
12.5 is equivalent to Rs. 16
100 is equivalent to = 16 × = 128
∴ The cost price of each particle is 128.
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