Question

What price should a shopkeeper mark on an article which costs him
25% after allowing a discount of 12%?

Answer 1

Let, the Cost Price = 100 Rs.

Profit = 25%

Then, Selling Price = Cost price × (100+P)/100 = 125 Rs.

Also given that : Discount = 12%

So, Market Price :

$\frac{125 \times 100}{100 - 12} = \frac{125 \times 100}{88} = 142.05$

So, the Market Price will be 142.05 Rs.

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