If an article is sold at a profit of ₹25,what is its selling price , taking the cost price as ₹x.
We know that ,
Selling Price (SP) = Cost Price (CP) + Profit
Given , CP = ₹x and Profit = ₹25
SP = ₹x+25
Hence , the selling price of the article is ₹x+25.
The cost price of an article is 25% below the marked price. If the article is available at 15% discount and its cost price is Rs. 2,400; find : (i) its marked price (ii) its selling price (iii) the profit percent.