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A shopkeeper marked the price of an item at
25% more than its cost price. Ravi purchased the
same item at a discount of

By Emery

A shopkeeper marked the price of an item at
25% more than its cost price. Ravi purchased the
same item at a discount of 12% on the marked price
but also paid sales tax of 8% on the discounted
price. Ravi then sold it to Surya for 2,876 and
thereby earned a profit of 25% on original cost price,
At what price did Ravi buy the item?​

About the author
Emery

An indication that turns red in a basic medium, is
1)turmeric
2)phenolphthalein
3)blue litmus
4)hibiscus

Conclusion of the characteristics of successful school management​

1 thought on “A shopkeeper marked the price of an item at<br />25% more than its cost price. Ravi purchased the<br />same item at a discount of”

  1. Answer:

    Rs.4032

    Step-by-step explanation:

    For the shopkeeper.

    C.P. of article

    = (100130×5200)

    = Rs.4000

    Marked price of article

    = 4000×1125100 = Rs. 4500

    For Mr. Sharma,

    Discounted price of article

    = Rs. (4500×80100)

    = Rs.3600 Therefore, Actual C.P. of article

    = Rs. (3600+3600×12100)

    = Rs.(3600+432)

    = Rs.4032

    Reply

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