Discussion Forum : True Discount
Question -
The marked price of an article is Rs.500. A shopkeeper gives a discount of 5% and still makes a profit of 25%. The cost price of the article is.
Answer: Option A
Answer: (a)Cost price of the article = Rs.x$x × 125/100 = {500 × 95}/100$$x = {500 × 95}/125$ = Rs.380Using Rule 6,Here, R = 25%, D = 5%, M.P. = Rs.500, C.P. = ?$\text"M.P."/\text"C.P."= {100 + r}/{100 - D}$$500/\text"C.P."= {100 + 25}/{100 - 5}$C.P. = ${500 × 95}/125$ = Rs.38
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Answer: (a)Cost price of the article = Rs.x$x × 125/100 = {500 × 95}/100$$x = {500 × 95}/125$ = Rs.380Using Rule 6,Here, R = 25%, D = 5%, M.P. = Rs.500, C.P. = ?$\text"M.P."/\text"C.P."= {100 + r}/{100 - D}$$500/\text"C.P."= {100 + 25}/{100 - 5}$C.P. = ${500 × 95}/125$ = Rs.38
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