A manufacturer marked an article at ₹ 50 and sold it allowing 20% discount. If his profit was 25%, then the… · ABC26GN2839
Subject: General Aptitude · Chapter: Profit and Loss · Exam: S.S.C. 2010
A manufacturer marked an article at ₹ 50 and sold it allowing 20\% discount. If his profit was 25\%, then the cost price of the article was
(a)₹ 30
(b)₹ 32
(c)₹ 35
(d)₹ 40
Answer
Explanation
S.P. $=80 \%$ of ₹ $50=₹\left(\frac{80}{100} \times 50\right)=₹ 40$. Profit $=25 \%$. $$\text { ∴ C.P. }=₹\left(\frac{100}{125} \times 40\right)=₹ 32 .$$
Explanation as extracted from the printed page; notation may be imperfect.
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