Question

the marked price of an article is Rs 500.the shopper gives a discount of 5%and still makes a profit of 25% find the cost price of the article

Answer 1

MP of an article = rs. 500

Discount% = 5%

SP = MP (100-Discount%) / 100

SP = 500 (100-5) / 100

SP = 500 * 95 / 100

SP = RS. 475

SP = rs. 475

Profit% = 25%

CP = SP ( 100/100+profit% )

CP = 475 ( 100/100+25 )

CP = 475 * 100/125

CP = rs. 380

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