A shopkeeper marks the price on articles 25% above the cost price. After allowing 10% discount, it was sold at gain of Rs 150. Find the mp

Question

A shopkeeper marks the price on articles 25% above the cost price. After allowing 10% discount, it was sold at gain of Rs 150. Find the mp

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Tryphena 4 years 2021-07-20T19:46:54+00:00 1 Answers 8 views 0

Answers ( )

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    2021-07-20T19:48:02+00:00

    Answer: Rs. 166.67

    Step-by-step explanation:

    Given

    Mark up price is 25% higher than cost price

    The shopkeeper gives a discount of 10%

    Suppose the cost price is x

    Mark up price is 1.25x

    Selling price is

    \Rightarrow 1.25x\times 0.9=1.125x

    It is given Rs150

    \therefore 150=1.125x\\\Rightarrow x=\text{Rs}133.33

    Marked up price is \text{Rs }166.67

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