Question
A shopkeeper marked an article Rs. 350 above its cost
price and sold it after giving a discount of 25% and earned a profit of 17%. Find the cost price of the articleSolution
Let cost price of the article is Rs. 100x So, 1.17 × 100x = 0.75 × (100x + 350) Or, 117x = 75x + 262.5 Or, 42x = 262.5 Or, x = 6.25 Cost price of the article = 100 × 6.25 = Rs. 625
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