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Question

The marked price of an article is Rs. 500. The shopkeeper gives a discount of 5% and still makes a profit of 25%. Find the cost price of the article.

A
Rs. 380
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B
Rs. 370
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C
Rs. 360
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D
Rs. 350
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Solution

The correct option is A Rs. 380
Given, marked price of an article = Rs. 500
Discount % = 5%
But it makes a profit of 25%.
Let the cost price of the article be Rs.x
Selling price after 5% discount =5005100×500
= 500 - 25 = Rs. 475
According to the question,
(100 + 25)% of x = 475
125100×x=475
x=475×100125
Hence, cost price of an article is Rs. 380

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