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A shopkeeper allows his customers 10% off on the marked price of goods and still gets a profit of 25%. What is the actual cost to him of an article marked Rs 250? - Mathematics

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Question

A shopkeeper allows his customers 10% off on the marked price of goods and still gets a profit of 25%. What is the actual cost to him of an article marked Rs 250?

Answer in Brief

Solution

\[\text { Let the CP of the article be Rs . x } . \]

\[\text { MP of the article = Rs } . 250\]

\[\text { Discount = 10 % } \]

\[\text { Discount = 10 % of } 250\]

\[ = 0 . 10 \times 250\]

\[ = \text {Rs . 25 }\]

\[\text { SP = MP - Discount }\]

\[ = 250 - 25\]

\[ = Rs . 225\]

\[\text { Given, } \]

\[\text { Profit = 25 % } \]

\[CP = \left[ \frac{100}{\left( 100 +\text {  Gain %  }\right)} \times SP \right]\]

\[x = \left[ \frac{100}{\left( 100 + 25 \right)} \times 225 \right]\]

\[ = \left[ \frac{100}{125} \times 225 \right]\]

\[ =\text {  Rs  }. 180\]

\[\text { Thus, the CP of the article is Rs } . 180 .\]

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Chapter 13: Proft, Loss, Discount and Value Added Tax (VAT) - Exercise 13.2 [Page 26]

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RD Sharma Mathematics [English] Class 8
Chapter 13 Proft, Loss, Discount and Value Added Tax (VAT)
Exercise 13.2 | Q 8 | Page 26

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