the marked price of an article is is rupees 500 the shopkeeper gives a discount of 5% and still makes a profit of 25% find the cost price of the article
Answers
Answered by
16
The market price of an article is rupees 500 the shopkeeper gives a discount of 5% and still makes a profit of 25%. Find the cost price of the article.
_________________________
★ Given:-
Price of an article = R's.500
Discount = 5%
Profit = 25%
Price of the article =?
After discount price
= 500 - 5 / 100 × 500 = 500 - 25 = 475
Now in 475, he get 25% profit
x + 25 / 100x = 475
x + 1 / 4x = 475
5 / 4x = 475
x = 475 × 4 / 5 = 380
Hence, cost price of article is Rs.380
_______________________
Similar questions