Question

The cost price of an article is Rs. 400. A
shopkeeper allows 20% discount and earns a
profit of 25%. Find the mark price?

Answer 1

Answer:

Let M denotes the required marked price of the given article.

Hence from above data we get following relation,

(1 - 20/100)*M = 400

or (4/5)*M = 400

or M = (5/4)*400 = 500 (Rs) [Ans]

Step-by-step explanation:

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