Question

Q12) A dealer buys an article for Rs 380. At what price must he mark it so that after allowing
a discount of 5%, he still makes a profit of 25%?​

Answer 1

Answer:

Let the required number=X

Now, for a profit of 25% the SP=380*125/100=475

But this cant be the marked price as the dealee also wants to offer a discount of 5%

So, we can get the value of x from the following equation:

X- 5% of X=475

This implies 95/100 * X=475

On solving the above equation we get

X=500