A shopkeeper allows a discount of 20% on an article and still makes a profit of 25%. What does he pay for an article whose marked price is Rs.800?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e Rs.512
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Understanding Tricks |
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Application Profit = 25% Discount = 20% MP = 800 So SP = 800/100 × 80 = 640 |
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Now 640 = 125% So CP = 640/125 × 100 = 512 |