a shop allow a discount of 10% on an article and still makes a profit

1.	a shop allow a discount of 10% on an article and still makes a profit of 25%.what will be the cost price for an article whose marked price is 900
Answer» Answer: MP is always expressed as a percentage of CP. Discount is always applied on MP. Profit is always expressed as a percentage of CP. Coming to the problem : MP = 250 Discount = 10% of MP = 25 SP = MP - Discount = 250 - 25 = 225 Since he is making 25% profit on goods sold, then SP REPRESENTS 125% of CP. => 125/100 X CP = 225 => CP =225 x 100/125 = 180

a shop allow a discount of 10% on an article and still makes a profit of 25%.what will be the cost price for an article whose marked price is 900

Answer»

Answer:

MP is always expressed as a percentage of CP.

Discount is always applied on MP.

Profit is always expressed as a percentage of CP.

Coming to the problem :

MP = 250

Discount = 10% of MP = 25

SP = MP - Discount

= 250 - 25 = 225

Since he is making 25% profit on goods sold, then SP REPRESENTS 125% of CP.

=> 125/100 X CP = 225

=> CP =225 x 100/125 = 180