Question 58

The marked price of an article is 300. The shopkeeper gives a discount of 10% on the marked price and still gains 25%. Then the cost price of the article is

Solution

Marked price = Rs. 300

Discount % = 10%

=> Selling price = $$300-(\frac{10}{100}\times300)$$

= $$300-30=Rs.$$ $$270$$

Profit % = 25%

$$\therefore$$ Cost price = $$\frac{270}{(100+25)}\times100$$

= $$\frac{270\times4}{5}=Rs.$$ $$216$$

=> Ans - (A)

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