Question
Download Solution PDFThe marked price of an article is ₹150. The shopkeeper offers a discount of 20% on the purchase of the article. Thereby, he makes a profit of 25%. The cost price of the article is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Marked price of an article = ₹150
Discount = 20%
Profit = 25%
Calculation:
According to the question,
80% of 150 = 125% of C.P
⇒ 0.8 × 150 = 1.25 × C.P
⇒ 120 = 1.25 C.P
⇒ C.P = \(\frac{120}{1.25}\) = ₹ 96
∴ The cost price of the article is ₹ 96.
Last updated on Jul 18, 2025
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