the marked price of an article is ₹500 the shopkeeper gives a discount of 5% and makes a profit of 25% find the cost price of the article
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Answer:
CP=Rs.380
Step-by-step explanation:
MP=Rs.500
P=25%
D=5%
SP(Selling Price)=100-D%/100 × MP
Therefore SP= 100-5/100 × 500
Therefore SP= 95/100 × 500
Therefore SP= Rs.475
CP=100/100+P% × SP
CP= 100/100+25 × 475
CP=100/125 × 475
CP=Rs.380
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