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The marked price of an article is ₹ 500. A shopkeeper gives a discount of 5% and still makes a profit of 25%. The cost price of the article is.
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- ₹ 384
- ₹ 380
- ₹ 300
- ₹ 376
Correct Option: B
Let Cost price of the article = ₹ p
| ∴ p × | = | ||
| 100 | 100 |
| ⇒ p = | = ₹ 380 | |
| 125 |
2nd method to solve this question.
Here, R = 25%, D = 5%,
M.P. = ₹ 500, C.P. = ?
| = | ||
| C.P. | 100 − D |
| = | ||
| C.P. | 100 − 5 |
| C.P.= | = ₹ 380 | |
| 125 |