Question

the price of an article is marked at 25% above the cost price if it is sold at the profit of 125 after allowing 15% discount what will be its selling price?​

Answer 1

2125

Explanation:

CP= x

MP= x+25%= 1.25x

SP= MP-15%= 1.25x*0.85= 1.0625x

SP- CP= 125

• 1.0625x-x= 125
• 0.0625x=125
• x= 125/0.0625
• x= 2000

SP= 2000+125= 2125

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Cost price= 2000

Marked price= 2500

Selling price= 2125