Practicing Success
A shopkeeper marks an article at such a price that after giving a discount of 12.5% on the marked price, he still earns a profit of 15%. If the cost price of the article is 385 Rs, then the sum of the marked price and the selling price of the article is? |
948.75 849.50 984.75 954.75 |
948.75 |
{to be used ahead (-) 12.5 % =\(\frac{7}{8}\) (+) 15% = \(\frac{23}{20}\) CP = 385}, ATQ, S.P. is equals to: ⇒ MP × 87.5% = CP × 115% ⇒ MP × \(\frac{7}{8}\) = 385 × \(\frac{23}{20}\) ⇒ MP = 385 × \(\frac{8}{7}\) × \(\frac{23}{20}\) ⇒ MP = 506 ⇒ SP = MP × \(\frac{7}{8}\) ⇒ MP + SP = 506 + (506 × \(\frac{7}{8}\)) = 506 (1 + \(\frac{7}{8}\)) = 506 × \(\frac{15}{8}\) = 948.75 |