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A manufacturer marked an article at ₹ 50 and sold it allowing 20% discount. If his profit was 25%, then the cost price of the article was
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- ₹ 40
- ₹ 35
- ₹ 32
- ₹ 30
Correct Option: C
∵ Marked price of an article = ₹ 50
∴ SP of an article = 50 x (100 - 20)/100
= (50 x 80)/100
= ₹ 40
Hence, cost price of an article = (40 x 100)/(100 + 25)
= (40 x 100)/125
= ₹ 32