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A shopkeeper earns 25% profit. if he sel...

A shopkeeper earns 25% profit. if he sells an article at 10% discount on the marked price Rs. 2500 . Find his profit .

A

Rs. 450

B

Rs. 400

C

Rs. 375

D

Rs. 350

Text Solution

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The correct Answer is:
To solve the problem step by step, we need to find the profit earned by the shopkeeper after selling an article at a discount. Here’s how we can do it: ### Step 1: Calculate the Selling Price after Discount The marked price of the article is Rs. 2500, and the shopkeeper sells it at a 10% discount. **Calculation:** - Discount = 10% of Marked Price - Discount = 10/100 * 2500 = Rs. 250 - Selling Price (SP) = Marked Price - Discount - SP = 2500 - 250 = Rs. 2250 ### Step 2: Determine the Cost Price (CP) The shopkeeper earns a profit of 25%. We can express the relationship between Cost Price (CP) and Selling Price (SP) using the profit percentage. **Calculation:** - Profit Percentage = (SP - CP) / CP * 100 - Given that Profit Percentage = 25%, we can rearrange this to find CP. - Let CP = x - 25 = (2250 - x) / x * 100 - 25x = 2250 - x - 25x + x = 2250 - 26x = 2250 - x = 2250 / 26 - x = Rs. 86.54 (approximately) ### Step 3: Calculate the Profit Now, we can find the profit earned by the shopkeeper. **Calculation:** - Profit = Selling Price - Cost Price - Profit = 2250 - 86.54 - Profit = Rs. 2163.46 (approximately) ### Conclusion The profit earned by the shopkeeper is approximately Rs. 2163.46.
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