Question
A cupboard is sold at 20% profit after giving a discount
of 25% on the marked price. If the marked price of the cupboard is Rs. 3,600, find its cost price.Solution
Selling price of the article = 3600 × 0.75 = Rs. 2,700 Let the cost price of the cupboard be Rs. 'x' ATQ, x × 1.20 = 2700 ⇒ x = 2700 ÷ 1.20 = Rs. 2,250 So, the cost price of the cupboard = Rs. 2,250
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