Question

the cost price of an article is 375. find the MP of the article so as the gain 8% after allowing a discount of 25%​

Answer 1

Step-by-step explanation:

Solution,

C.P of an article = Rs 375

gain% (P%) = 8%

Discount % (D%) = 25%

M.P of an article = Rs x (let)

We know,

S.P = C.P + P% of C.P

S.P = 375 + _8_× 375

100

S.P = 375 + 30

S.P = Rs 415

Again,

S.P = M.P - D% of M.P

or, Rs 415 = x - _25_ × x

100

or, Rs 415 = _100x-25x_

100

or, 415 × 100 = 75x

or, 41500 = x

75

or, x = Rs 553.33

Therefore, M.P of an article is Rs 553.33

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