The marked price of an article is Rs 200. A discount of 12
2
1
% is allowed on the marked price and a profit of 25 % is made. What is the cost price of the article?
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Answer:
If a discount of 12.5% is given on MP, then it was sold at 200 - 12.5×2 = 200 - 25 = 175 rs
At 175 he makes 25% profit
For 25% profit, selling price will be 125 and cost price 100
Therefore for sp 175 cp will be (100/125)×175 = 140
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