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Marked price of an article is ₹ 275. Shopkeeper allows a discount of 5% and he gets a profit of 4.5%. The actual cost of the article is
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- ₹ 250
- ₹ 225
- ₹ 215
- ₹ 210
Correct Option: A
Given Here , Marked price of an article = ₹ 275
profit = 4.5% , discount = 5%
Let C.P. of article be y
∴ | = | ||
100 | 100 |
⇒ y × 104.5 = 275 × 95
⇒ y = | = ₹ 250 | |
104.5 |
Second method :
Here , M.P. = ₹ 275, D = 5%, r = 4.5%, C.P. = ?
Using the given formula ,
= | ||
C.P. | 100 − D |
= | ||
C.P. | 100 − 5 |
C.P. = | = ₹ 250 | ||
104.5 |