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By selling an article at 20% discount, a...

By selling an article at 20% discount, a shopkeeper gains 25%. If the selling price of the article is Rs 1,440, find :
the marked price of the article.

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The correct Answer is:
To find the marked price of the article, we can follow these steps: ### Step 1: Define the variables Let the marked price of the article be Rs. X. ### Step 2: Calculate the discount The discount given is 20% of the marked price. Therefore, the discount can be calculated as: \[ \text{Discount} = 20\% \text{ of } X = \frac{20}{100} \times X = \frac{1}{5}X \] ### Step 3: Write the selling price formula The selling price (SP) is given by the formula: \[ \text{Selling Price} = \text{Marked Price} - \text{Discount} \] Substituting the known values, we have: \[ 1440 = X - \frac{1}{5}X \] ### Step 4: Simplify the equation Now, simplify the equation: \[ 1440 = X - \frac{1}{5}X \] This can be rewritten as: \[ 1440 = \frac{5X}{5} - \frac{1X}{5} = \frac{4X}{5} \] ### Step 5: Solve for X To find X, we multiply both sides of the equation by 5: \[ 5 \times 1440 = 4X \] \[ 7200 = 4X \] Now, divide both sides by 4: \[ X = \frac{7200}{4} = 1800 \] ### Step 6: Conclusion Thus, the marked price of the article is Rs. 1800.
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ICSE-PROFIT, LOSS AND DISCOUNT -EXERCISE 8 (D)
  1. A shopkeeper buys an article for Rs 450. He marks it at 20% above the ...

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  2. The list price of an article is Rs 800 and is available at a discount ...

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  3. An article is marked at Rs 2.250. By selling it at a discount of 12%,...

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  4. An article is marked at Rs 2.250. By selling it at a discount of 12%,...

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  5. By selling an article at 20% discount, a shopkeeper gains 25%. If the ...

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  6. By selling an article at 20% discount, a shopkeeper gains 25%. If the ...

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  7. A shopkeeper marks his goods at 30 percent above the cost price and th...

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  8. A ready-made garments shop in Delhi allows 20 percent discount on its ...

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  9. At 12% discount, the selling price of a pen is Rs 13.20. Find its mark...

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  10. The cost price of an article is Rs 2,400 and it is marked at 25% abov...

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  11. Thirty articles are bought at Rs 450 each. If one-third of these artic...

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  12. The cost price of an article is 25% below the marked price. If the art...

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  13. The cost price of an article is 25% below the marked price. If the art...

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  14. The cost price of an article is 25% below the marked price. If the art...

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  15. Find a single discount (as percent) equivalent to following successive...

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  16. Find a single discount (as percent) equivalent to following successive...

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  17. Find a single discount (as percent) equivalent to following successive...

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  18. Find the single discount ( as percent) equivalent to successive discou...

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  19. Find the single discount (as percent) equivalent to successive discoun...

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  20. Find the single discount (as percent) equivalent to successive discoun...

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