The list price of an article was ₹735. Ravi sold it after giving a 20% discount on its list price and still made a profit of 47%. What was the cost price (in ₹) of the article?

List Price (MP) = ₹735
Discount = 20%
Profit = 47%

The relationship between Cost Price (CP) and Marked Price (MP) is given by:

MP
CP
​
=
100+Profit%
100−Discount%
​

735
CP
​
=
100+47
100−20
​

735
CP
​
=
147
80
​

CP=
147
80×735
​

Since 147×5=735:

CP=80×5=400
So, the cost price of the article was ₹400.