Question
Download Solution PDFThe cost price of an article is ₹800. After allowing a discount of 10%, a gain of 12.5% was made. The marked price of the article is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
C.P of article = Rs.800
Discount given = 10%
Profit = 12.5%
Formula used:
C.P/M.P = (100 - discount %)/(100 ± profit/loss %)
Calculation:
By applying the formula
C.P/M.P = (100 - discount %)/(100 + profit%)
⇒ 800/M.P = (100 - 10)/(100 + 12.5)
⇒ M.P = (800 × 112.5)/90
⇒ M.P = 1000
∴ The correct answer is Rs.1000.
Last updated on Jul 12, 2025
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