Question

the price of an article is Marked 25% above the cost price .if it is solid the profit of Rs.500 after allowing 15% discount .what will be it's selling price​

Answer 1

Rs 8500

Explanation:

For a cost price of c, the marked price is ...

marked = c +25%·c = 1.25c

After the 15% discount, the sale price will be ...

s = marked -15%·marked = 0.85·marked = (0.85)(1.25c) = 1.0625c

The profit will be the difference between the sale price s and the cost c:

p = s -c

500 = (1.0625c) -c = 0.0625c

Then the cost is ...

500/0.0625 = c = 8000

and the sale price is ...

s = c +p = 8000 +500 = 8500 . . . rupees

The selling price will be Rs 8500.