An article was sold for at a discount of after successive mark-ups of and . Find the cost price of the article.
- ARs. 1,500
- BRs. 1,750
- CRs. 1,900
- DRs. 2,000
Solution & Step-by-step Explanation
Let the cost price (CP) of the article be .
After two successive mark-ups of and , the Marked Price (MP) becomes:
A discount of is given on the Marked Price to compute the Selling Price (SP):
Given that the Selling Price is :
Thus, the cost price of the article is .
After two successive mark-ups of and , the Marked Price (MP) becomes:
A discount of is given on the Marked Price to compute the Selling Price (SP):
Given that the Selling Price is :
Thus, the cost price of the article is .