when a Saree was sold at a discount of 25%, the
Shopkeeper gets profit of 62.5%. Due to increase in
the Gost of Colton Cost paise of sonce increased by 25%
and marked price by Rs. 260. If discount y offered and
poolit ). earned verein exchanged. Timed the new selling
price of the Saree?
Answers
Answer:
Marked Prices of one saree is Rs1800★
Step-by-step explanation:
Given:
Shopkeeper allows 25% on the Marked Price of sarees
He still makes a profit of 20%
He gains Rs 225 over sale of 1 saree
To Find: Marked price of saree
Solution: Let Marked Price of one saree be Rs 100
→Discount given on MP = 25%
→ Discount = Discount % / 100 x Marked Price
→Discount = 25/100 x 100 = Rs 25
Therefore,
Selling price of one saree = MP – Discount
→ (100–25) = Rs 75
★Profit = 20%
∴ Cost Price of one saree = S.P x C.P / 100 + Profit%
→ 75 x 100 / 100 + 20%
→ 7500 / 120
→ 62.50
We know that Profit = S.P – C.P = 75–62.50 = 12.50
\small\implies{\sf }⟹ If the gain is 12.50 then Marked Price is 100
\small\implies{\sf }⟹ If the gain is 1 then the Marked Price will be 100/12.50
\small\implies{\sf }⟹ If the gain is 225 then Marked Price will be 100/12.50 x 225
\small\implies{\sf }⟹ 2250000/1250
\small\implies{\sf }⟹ Rs 1800
Hence, The MP of a saree is Rs 1800