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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We have,
The marked price of an article =500rs
Discount =5%
Profit =25%
Let the cost price of an article =xrs
Then,
We know that,
Discountprice=Markedprice−
100
discount%
×Markedprice
=500−
100
5
×500
=500−25
=475
Now,
Discount=costprice+
costprice×100
profit
475=x+
100x
25
475=x+
4x
1
4
5
x=475
x=475×
5
4
x=380rs
Hence, this is the answer.
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