TS ICET 24 May 2018 Shift 1 Paper

Question : 93 of 200

Marks: +1, -0

Shyam marks his goods 25% above cost price of an article and allows a discount of 12.5%. if he sells that article for Rs. 875, what is its cost price?

₹ 850
₹ 825
₹ 800
₹820

Validate

Solution:

Let the cost price of the article be 100c
The marked price of the article

= 100c×125% = 125c

The selling price of the article

= 125c×(100 – 12.5)%

= 125c×0.875

Given that,

125 c × 0.875=875 ⇒ 100 c=800

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