A dealer buys an article for Rs 380 00 What price should he mark so that after allowing a discount o...........

Quantitative Aptitiude (CLAT) Profit and loss

A dealer buys an article for Rs. 380.00. What price should he mark so that after allowing a discount of 5% he still makes a profit of 25% on the article?

Rs. 500

Rs. 475

Rs. 95

Rs. 465

Explanation:

CP = Rs.380
Thus, SP = 380 + 25% of 380 = 380 + 95
= Rs.475
SP is after 5% discount on MP.
Thus SP = Rs.475 = 95% of MP
⇒ MP = 475/0.95
= Rs.500

By: Amit Kumar

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A dealer buys an article for Rs 380 00 What price should he mark so that after allowing a discount o...........

Explanation:

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