A shopkeeper sold an article at a discount of 16%. If he had given a discount of 7.5% in place of 16%, then he would have earned Rs. 204 more. If the cost price of the article is 25% less than its marked price, then find the cost price of the article.
Let the marked price of the article is Rs. ‘x’. According to the question; 0.925x – 0.84x = 204 Or, 0.085x = 204 Or, x = 204/0.085 = 2400 Cost price of the article = (75/100) × 2400 = Rs. 1,800
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