Question
A perfume bottle is sold for a profit of ₹175 after a
25% discount is applied. If the cost price and marked price of the bottle are in the ratio of 1:3, calculate how much the marked price exceeds the cost price.Solution
ATQ,
Let the cost price and marked price of the perfume bottle be Rs. x and Rs. 3x, respectively According to the question, (x + 175) = 0.75 × 3x Or, 2.25x = x + 175 Or, x = 175/1.25 = 140 Therefore, amount by which bottle has been marked above its cost price = 3x – x = 2x = Rs. Rs. 280
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