Question

the marked price of an article is 500rupees the shpkeeper gives discount of 5%and still make a profit of 25%.find cost of article

Answer 1

MRP = rs500
Discounted price= 500 -5%of 500=500-25=475
Sp=475
Profit =sp-cp = 475-x
Profit %= 25%
Profit %= profit /cp x100
25/100 = 475-x/x
25x =47500-100x
125x =47500
x=rs 380= cp
Hope this helps....