Question

While selling an article a trader gives a discount of 5%. If he gives a discount of 7%, he earns Rs 15 less as profit. What is the M.P. of the article ?s makes a profit of 15% on it.What did shopkeeper pay for it

Answer 1

Let the marked price be Rs. x

95% of x - 93% of x = 15

2% of x = 15

x = 15*100/2 = 750

Hope this helps!

Answer 2

Answer:

$marked \: price \: of \: article = Rs\:750$

Selling price = Rs 862.50

Step-by-step explanation:

i ) Let marked price of an article = Rs x

According to the problem given,

7% of x - 2% of x = 15

=> 7% × x - 5% × x = 15

=> 2% × x = 15

$\implies \frac{2}{100} \times x = 15$

$\implies x = 15 \times \frac{100}{2}$

$\implies x = 750$

$marked \: price \: of \: article = Rs\:750$

Now,

ii ) marked price(x) = Rs 750,

Profit (g) = 15%,

$Selling\: price = x \left( \frac{100+g}{100}\right)$

$= 750 \left( \frac{100+15}{100}\\=750\times \frac{115}{100}\\=Rs \:862.50$

Therefore,

$marked \: price \: of \: article = Rs\:750$

Selling price = Rs 862.50

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