The Marked price of an article is rupees 5000 if after giving a discount of 10 %, a trader still get a profit of 12 1 by 2 percent find the cost price of an article
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let cost price of article is X then
selling price = cost price + profit or loss
here after discount selling price is = 5000-10% discount on marked price (5000)=4500
4500=X+(12.5/100)*X so X=4000
henc cost price =4000
selling price = cost price + profit or loss
here after discount selling price is = 5000-10% discount on marked price (5000)=4500
4500=X+(12.5/100)*X so X=4000
henc cost price =4000
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