if the Marked price of an article is rupees 450 and markup percentage is 12.5%. what is the cost price?​

1 thought on “if the Marked price of an article is rupees 450 and markup percentage is 12.5%. what is the cost price?​”

1. Answer:

   Rs. 400

   Step-by-step explanation:

   A shopkeeper buys an article for ₹450.

   He mark it at 20% above the cost price.

   so,

   (i) marked price = 450 + 20% of 450

   = 450+90 = ₹540

   (ii) Selling price (if he sells at 10% discount) = 540-10%of 540

   =540-54 = ₹486

   (iii) Percentage discount = marked price – selling price = discount x 100 / marked price

   = 540 – 496.80 = 43.2 x 100 / 540 = 8%

   Hope this help!

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