The marked price of an article is rupees 5000 the shopkeeper gives n discount of 5% stil makes an profit of 25% find the cost price of the article
Answers
Answered by
7
Answer:
l know this much only Given that, marked price of article is Rs.500
Discount = 5 %
Profit = 25 %
To find: cost price of article
Let us first find the selling price
Selling price = Marked price - 5 % discount on marked price
Selling price = 500 - 5 % discount on 500
Selling price = 500 - \frac{5}{100} \times 500 = 500 - 25 = 475Sellingprice=500−
100
5
×500=500−25=475
Thus selling price is Rs 475
Finding cost price:
cost \: price= \frac{100}{100 + profit} \times spcostprice=
100+profit
100
×sp
\begin{gathered}cost \: price = \frac{100}{100 + 25} \times 475\\\\cost \: price = \frac{100}{125} \times 475\\\\cost \: price = 380\end{gathered}
costprice=
100+25
100
×475
costprice=
125
100
×475
costprice=380
Similar questions