Question

the price of an article is 25% above the cost price . if it is sold at the profit of rs 123 after allowing 15% of discount what will be its selling price

Answer 1

Let the cost price be 100x

Marked price = 125x

15% discount , sale price = 0.85*125x = 106.25x

Profit = 6.25x

6.25x = Rs 125

106.25x = ?

106.25 /6.25 x 125 = Rs 2125 ANSWER

CHECK

Profit = Rs 125

Cost = Rs 2000

Marked price = 2000x 1.25= Rs 2500

Less 15% discount = 2500*0.85 = Rs2125

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Answer 2

Step-by-step explanation:

Let cost price =x

price of article =x+x*25/100=125x/100

selling price = x-15x/100+123

according to question

125x/100=85x/100+123

(125x-85x) /100=123

40x/100=123

40x=12300

x=12300/40=307.5

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