the marked price of an article is ₹ 500 the shopkeeper gives a discount of 5%of and still makes profit of 25% find them of article
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Answer:
Description for Correct answer:
CP of the article = 500×95100×100125= Rs.380
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Step-by-step explanation:
Correct Question:-
The marked prices of an article is Rs.500. The shopkeeper gives a discount of 5% and still makes a profit of 25%. Find the cost price of the article.
- Marked price of an article = Rs. 500
- Shopkeeper gives a discount is 5%
- But still the shopkeeper makes a profit of 25%.
- The cost price of the article.
As we know:-
The formula for finding dicount when discount% and M.P are given is:-
Here:-
• Discount% = 5%
• M.P = Marked Price = Rs. 500
Substituting the values:-
The formula for finding the selling price if marked price and discount are given is:-
Now:-
As we know that:-
The formula for finding Cost Price (C.P) is :-
Here:-
• C.P = ?
• S.P = selling price = 475
• Profit% = 25%
Substituting the values:-
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