A shopkeeper marks an article at Rs. 60 and sells it at a discount of 15%. If he still makes 20% profit, then the cost price, in rupee, is

22

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32

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40.80

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42.5

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Solution

The correct option is C $42.5$
$M P = R s .60$
After $15 %$ discount $S P = 85 % \times M P$
$⟹ S P = 85 % \times 60 ⟹ M P = R s .51$
profit $= 20 %$
Now,
$\frac{S P - C P}{100} \times =$ profit
$⟹ \frac{51 - C P}{100} \times = 20 ⟹ C P = R s .42 .5$
Hemce cost price $= R s .42 .5$

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A shopkeeper marks an article at Rs. 60 and sells it at a discount of 15%. If he still makes 20% profit, then the cost price, in rupee, is

The correct option is C 42.5MP=Rs.60After 15% discount SP=85%×MP ⟹SP=85%×60⟹MP=Rs.51profit =20%Now,SP−CP100×=profit⟹51−CP100×=20⟹CP=Rs.42.5Hemce cost price=Rs.42.5

The correct option is C $42.5$
$M P = R s .60$
After $15 %$ discount $S P = 85 % \times M P$
$⟹ S P = 85 % \times 60 ⟹ M P = R s .51$
profit $= 20 %$
Now,
$\frac{S P - C P}{100} \times =$ profit
$⟹ \frac{51 - C P}{100} \times = 20 ⟹ C P = R s .42 .5$
Hemce cost price $= R s .42 .5$