Saved Bookmarks
| 1. |
A shopkeeper allows a discount of 10% on an Article and still makes a profit of 25%. What will be the Cost Price of an Article whose marked price is ₹900. |
Answer» A shopkeeper allows a discount of 10% on an article and still MAKES a PROFIT of 25%.Here, marked price GIVEN is ₹900.Discount = 10%Therefore, discount= 10% of ₹900= ₹90Therefore, selling price= ₹(900-90)= ₹810Here, profit percentage = 25%Therefore, cost price= ₹({100}/{100 + 25} X 810)= ₹({100}{125} X 810)= ₹648Answer:The cost price is ₹648. |
|