Question

Find the price paid by the trader for an article whose sale price is Rs. 1,575.

Answer 1

Lets cost price = Rs x
After adding 40% profi S.P = 100+$\frac{40\times 100}{100}$=100+40=140
Sell discount 25% =$\frac{140\times 25}{100}=35$
Discount price =140-35=105
Total gain =105-100=5 %
Let cost price =x
Hence $X+\left(\frac{5x}{100}\right)=1575$
$\frac{21\times x}{20}=1575$
x= 1500 Rs