A shopkeeper marks his goods at such a price that after allowing a discount of 12.5% he makes a profit of 10% Find the marked price of the article which costs 245

• Let CP,SP,MP be cost,selling,marked price respectively.
  SP=MP-0.125MP=0.875MP
  [(SP-245)/245]*100 = 10
  So,[(0.875MP-245)/245]*100=10
  8.75MP-2450=245
  8.75MP=2695
  MP=308
  
  
• 10 years agoHelpfull: Yes(1) No(0)
• let marked price=Rs.x
  cost price =Rs.245.
  now,on 10% profit,
  selling price=(100+10)/100 *245.
  s.p=11*49/2.
  now,
  s.p=%discount 0f marked price
  =87.5/100 of x
  11*49/2=87.5/100 of x
  hence x=(11*49*100)/2*87.5
  x= Rs.308.
• 10 years agoHelpfull: Yes(1) No(0)
• mp(1-dis/100)=sp
  sp=cp+p,sp=245*1.1=269.5
  269.5=mp(1-12.5/100)
  mp=308.
• 10 years agoHelpfull: Yes(0) No(0)