Question

the market price of an article in Rs 500 the shopkeeper gives a discount of 5% and still makes a profit of 25% find the cost price of the article

Answer 1

What we have ??

MP - 500

DISCOUNT - 5%

PROFIT - 25%

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Price after Discount

= 500(5/100)*500

= 500-25

= 475

Getting Profit -

on 475 he get 25% as profut

Let Cost Price be  = x

=>  x+25/100x = 475

=>  x+1/4x = 475

=>  5/4x = 475

=>  x = 475*4/5

=>  x =380 = Cost Price of Article  

Answer 2

answer is 380 the boy is correct