Question
If the ratio of marked price and selling price of an article is 13:10. Shopkeeper earned 25% profit. If the difference between marked price and cost price of an article is Rs.450. find the selling price of an article.
Solution
Let marked price and selling price of an article be 13x & 10x respectively. Cost price of an article = 10x × (100/125) = 8x According to question, => 13x – 8x = 450 => x = 90 Selling price = 10 × 90 = Rs. 900
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