Question 124

Raghu sold an article for ₹180 after allowing a 20% discounton its marked price. Had he not allowed any discount, he would have gained 20%. What is the cost price of the article?

Solution

Selling price of article = Rs. 180

Marked price after 20% discount = $$\frac{180}{80}\times100=Rs.$$ $$225$$

If there was no discount, then Selling price = Rs. 225

=> Cost price after 20% profit = $$\frac{225}{120}\times100$$

= $$\frac{1125}{6}=Rs.$$ $$187.50$$

=> Ans - (D)

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