Question
A shopkeeper marks an article 25% above its cost price
and allows a discount of 10% on the marked price. If the selling price of the article is Rs. 675, then what is the cost price of the article?Solution
ATQ, Let cost price = x Marked price = 125% of x = 1.25x Selling price = 90% of 1.25x = 1.125x Given, 1.125x = 675 x = 675 / 1.125 = 600 Hence, the correct answer is Rs. 600.
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