The cost price of an article is 25% below the
marked price. If the article is available at 15%
discount and its cost price is 2,400; find :
(i) its marked price (ii) its selling price
(iii) the profit percent.
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Answer:
Rs.3200,Rs2700,40/3%
Step-by-step explanation:
Cost price=2400
Cost price is 25% below it marked price
Marked price(1-25/100)=Cost price
Marked price(100+25/100)=2400
Marked price(75/100)=2400
Marked price=2400X100/75=Rs.3200
Selling price=Marked price- Discount
=3200-(3200X15/100)
3200-480
Rs.2720
Profit%=Profit/Cost price X 100%
=SP-CP X100%
2400
2720-2400/24
=320/24=40/3%
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