Question

the marked price of an article is rs 500 the shopkeeper gives a discount of 5% and still makes a profit of 25% find the cost price​

Answer 1

Step-by-step explanation:

500 - 5 % of 500

500 - 5/100 × 500

=500- 25

=475

Answer 2

The market price of the article = $500

discount = 5%

profit = 25%

Let, the cost price ($CP) be Rs. x

We know that,

Discount price = Marked price − (discount%/100) × Marked price

=500− 5/100 × 500

=500−25

=475

Now,

Discount= cost price+ (Profit/cost price × 100)

Therefore,

475=x+ 25/100x

=> 475= x + 1/4x

=> 5x/4 = 475

=> x = 380

Hence, the cost price of the article is Rs. 380