A merchant allows 5% discount on the marked price of an

A merchant allows 5% discount on the marked price of an article to his customers. What price should he mark on an article the cost price of which is 712.50, so as to make a clear
profit of 33 1 % on his outlay ?
3

Let the marked price be x.

∴	95x	= 712.50 ×	400
	100		300

⇒	95x	=	712.5 × 4
	100		3

⇒ x =	712.5 × 4 × 100	= ₹ 1000
	3 × 95

profit of 33	1	% on his outlay ?
	3