Question
A shopkeeper marked an article Rs. 250 above the cost
price and sold it after giving two successive discounts of 5% and 25% respectively, and faces a loss of Rs. 50. Cost price of the article is:Solution
ATQ, Let the cost price of the article be Rs. ‘x’. Marked price of the article = Rs. x+250. According to the question: x−50=0.95×0.75×(x+250) 178.125 x−50=0.7125x+178.125 0.2875x=228.125 x =793
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