A shopkeeper allows an discount on cashless payments. The marked price

1.	A shopkeeper allows an discount on cashless payments. The marked price of an article is Rs.5000. He sold two article one with discount and other with without discount. The difference between the selling price of an article is Rs.500. Find the cost price of an article if total profit percentage he had is 18.75%.1. Rs.55002. Rs.45003. Rs.48004. Rs.40005. Rs.3500
Answer» Correct Answer - Option 4 : Rs.4000 Given: Let discount offered be a%. ⇒ selling price of an article after discount = 5000 × (100 - a)/100 = Rs.(5000 - 50a) ⇒ 5000 - 5000 + 50a = 500 ⇒ a = 10% Total selling price of an article = 5000 + 5000 × 90/100 = Rs.9500 Let cost price of an article be Rs.m. ⇒ 18.75 = (9500 - 2m)/2m × 100 ⇒ m = 4000 ∴ The cost price of an article is Rs.4000.

A shopkeeper allows an discount on cashless payments. The marked price of an article is Rs.5000. He sold two article one with discount and other with without discount. The difference between the selling price of an article is Rs.500. Find the cost price of an article if total profit percentage he had is 18.75%.1. Rs.55002. Rs.45003. Rs.48004. Rs.40005. Rs.3500

Answer» Correct Answer - Option 4 : Rs.4000

Given:

Let discount offered be a%.

⇒ selling price of an article after discount = 5000 × (100 - a)/100 = Rs.(5000 - 50a)

⇒ 5000 - 5000 + 50a = 500

⇒ a = 10%

Total selling price of an article = 5000 + 5000 × 90/100 = Rs.9500

Let cost price of an article be Rs.m.

⇒ 18.75 = (9500 - 2m)/2m × 100

⇒ m = 4000

∴ The cost price of an article is Rs.4000.

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