Question
The marked price of a product is Rs.300 more than the
cost price. If 55% discount offered on the marked price and the profit percent on that product is 12.5%, then find the cost price of the product.Solution
Let the CP of the product be Rs.x And MP = Rs.(300 + x) According to question, => (x × 12.5/100) = [(x + 300) × 45/100] => (x × 12.5) = [(x + 300) × 45] => x = Rs.200
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