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A dealer sells an article at ₹850 after offering a cash discount of 15% on its marked price. Without discount, he would have earned a profit of 25%. What is the cost price of the article (in ₹)?

  1. A
    800
  2. B
    950
  3. C
    900
  4. D
    1000

Solution & Step-by-step Explanation

Let the marked price of the article be .The selling price after a 15% discount is ₹850.



If no discount is given, the selling price becomes equal to the marked price ().In this case, the profit earned is 25%. Let the cost price be .




Therefore, the cost price of the article is ₹800.

Practice this question

Try it yourself before checking the explanation above.

A dealer sells an article at ₹850 after offering a cash discount of 15% on its marked price. Without discount, he would have earned a profit of 25%. What is the cost price of the article (in ₹)?
A
800
B
950
C
900
D
1000

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