By selling an article at 20% discount, ashopkeeper gains 25%. If the selling price ofthe article is 1,440; find :(i) the marked price of the article.(ii) the cost price of the article. About the author Emery
Answer: Let M.P be x then discount=20%ofx 100 20 ×x= 5 x S.P=M.P-discount x− 5 x = 5 4x But given S.P=1440 5 4 x=1440 x= 4 1140×5 x=1800 Profit=S.P-C.P 25%ofC.P=1440−C.P 4 1 C.P=1440−C.P 4 1 C.P+C.P=1440 4 5 C.P=1440 C.P=1140× 5 4 C.P=1152 So,M.P=1800andC.P=1152 Reply
Answer:
Let M.P be x
then discount=20%ofx
100
20
×x=
5
x
S.P=M.P-discount
x−
5
x
=
5
4x
But given S.P=1440
5
4
x=1440
x=
4
1140×5
x=1800
Profit=S.P-C.P
25%ofC.P=1440−C.P
4
1
C.P=1440−C.P
4
1
C.P+C.P=1440
4
5
C.P=1440
C.P=1140×
5
4
C.P=1152
So,M.P=1800andC.P=1152