Home
Class 14
MATHS
A dealer allows his cstomers a discount ...

A dealer allows his cstomers a discount of 25% and still gains 25%. If an article costs 1,440 to the dealer, then its marked price is

A

Rs 2,560

B

Rs 1,500

C

Rs 1,850

D

Rs 2400

Text Solution

AI Generated Solution

The correct Answer is:
To find the marked price of the article, we can follow these steps: ### Step 1: Understand the given information - Cost Price (CP) of the article = ₹1,440 - Discount offered = 25% - Profit gained = 25% ### Step 2: Calculate the Selling Price (SP) Since the dealer gains a profit of 25% on the Cost Price, we can calculate the Selling Price using the formula: \[ \text{Selling Price (SP)} = \text{Cost Price (CP)} + \text{Profit} \] Profit can be calculated as: \[ \text{Profit} = \frac{25}{100} \times \text{CP} = \frac{25}{100} \times 1440 = 360 \] Now, substituting the profit back into the SP formula: \[ \text{SP} = 1440 + 360 = 1800 \] ### Step 3: Relate Selling Price to Marked Price The Selling Price is also related to the Marked Price (MP) and the discount given. The relationship can be expressed as: \[ \text{SP} = \text{MP} - \text{Discount} \] Given that the discount is 25% of the Marked Price, we can express this as: \[ \text{Discount} = \frac{25}{100} \times \text{MP} = 0.25 \times \text{MP} \] Substituting this into the SP equation gives: \[ \text{SP} = \text{MP} - 0.25 \times \text{MP} = 0.75 \times \text{MP} \] ### Step 4: Solve for the Marked Price Now, we can set the Selling Price equal to 0.75 times the Marked Price: \[ 1800 = 0.75 \times \text{MP} \] To find the Marked Price (MP), we can rearrange the equation: \[ \text{MP} = \frac{1800}{0.75} \] Calculating this gives: \[ \text{MP} = 2400 \] ### Final Answer The marked price of the article is ₹2,400. ---
Promotional Banner

Topper's Solved these Questions

  • PERCENTAGE

    MOTHERS|Exercise MULTIPLE CHOICE QUESTIONS |247 Videos
  • PROFIT & LOSS (PREVIOUS YEAR QUESTIONS 2018)

    MOTHERS|Exercise QUESTIONS |123 Videos

Similar Questions

Explore conceptually related problems

A dealer allows his customers a discount of 25% and still gains 25%. If an article costs Rs 1600 to the dealer, then its marked price (nearest to one rupee) is:

A dealer sells an article by allowing a 20% discount on its marked price and still gains 12% . If the cost price of the article is 750, then its marked price (in) is:

A dealer allows 36% discount on the marked price of an article and still gains 28% .If the cost price of the article is reduced by 10% , how much discount percent should he allow now so as to get the same percentage of profit as before ?

A garment dealer allows his customers 10% discount on marked price of the goods and still makes a profit of 25%. Find the cost price of a shirt if it is marked at Rs. 1250.

shopkeeper marks his good at a price such that after giving a discount of 25%, the gains 20%. If the marked price of 44 the article is 736, what is the cost price of the article?

A dealer offers a discount of 10% on the marked price of an article and still makes a profit of 20%. If its marked price is Rs. 800, then the cost price of the article is:

A merchant marks his goods at Rs. 900 and allows a discount of 25%. If he still gain 12.5%, then the cost price of the article is:

A merchant marks his goods at ₹ 900 and allows a discount of 25% '. If he still gain 12.5% , then the cost price of the article is :

The marked price of an article is 300. The shopkeeper gives a discount of 10% on the marked price and still gains 25%. Then the cost price of the article is

MOTHERS-PROFIT & LOSS-MULTIPLE CHOICE QUESTIONS
  1. Ram sold two horses at the same price. In one he gets a profit of 10% ...

    Text Solution

    |

  2. A man purchases some oranges at the rate of 3 for Rs 40 and the same q...

    Text Solution

    |

  3. There would be a 10% loss, if rice is sold at F 54 per kg. To earn a p...

    Text Solution

    |

  4. A dealer allows his cstomers a discount of 25% and still gains 25%. If...

    Text Solution

    |

  5. The difference between a discount of 30% and two successive discounts ...

    Text Solution

    |

  6. A tradesman marks his goods at 20% above the cost price. He allows his...

    Text Solution

    |

  7. If a man reduces the selling price of a fan from 1,250 to 1,000, his l...

    Text Solution

    |

  8. By selling 20 metres of cloth a man gains the selling price of 4 metre...

    Text Solution

    |

  9. Pratap buys a watch at 4/5 ofits marked price and sells it for 17% mor...

    Text Solution

    |

  10. The profit obtained by selling an article for 625 is same as the loss ...

    Text Solution

    |

  11. Ten articles bought at Rs 8, and sold at 8 for Rs10. Then the gain per...

    Text Solution

    |

  12. A merchant bought 200 eggs, out of which 38 eggs were broken. He sold ...

    Text Solution

    |

  13. A man sold an article at a gain of 5 %. A sold it for Rs. 240 more, he...

    Text Solution

    |

  14. Mr. x and Mr. y each bought the same motorcycle using a 10% off coupon...

    Text Solution

    |

  15. If a person makred a product 25% above the cost price but allows 10% d...

    Text Solution

    |

  16. A builder purchases 25 windows at 25% off then he paid Rs 2400. Find t...

    Text Solution

    |

  17. Pooja wants to sell a watch at aprofit of 20%. She bought it at 10% le...

    Text Solution

    |

  18. A shopkeeper sold his goods at half the list price and thus lost 20%. ...

    Text Solution

    |

  19. A profit of 12% is made when a mobile phone is sold at P and there is ...

    Text Solution

    |

  20. A sells a cycle to B at a profit of 20% and B sells it to C at a loss ...

    Text Solution

    |