Question 111

The cost of manufacture of an article was 900. The trader wants to gain 25% after giving a discount of 10%. The marked price should be :

Solution

Cost price = 900

Profit earned by trader by selling at 25% profit = $$\frac{25}{100}$$ * 900 = 225

=> Price at which he should sell = 900+225 = 1125

Discount % = 10%

Let M.P.= $$x$$

=> $$\frac{x-1125}{x}$$ * 100 = 10

=> $$9x = 11250$$

=> $$x = 1250$$

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