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After allowing a discount of 10% on the ...

After allowing a discount of 10% on the marked price of an article. it is sold for 450. Had the discount not been given, the profit would have been 25%. What is the 50% of the cost price (in Rs) of the article?

A

150

B

200

C

175

D

250

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we can follow these calculations: ### Step 1: Understand the given information - Selling Price (SP) after a 10% discount = Rs 450 - Discount = 10% - Profit without discount = 25% ### Step 2: Calculate the Marked Price (MP) Since the selling price after a 10% discount is Rs 450, we can express this as: \[ SP = MP \times (1 - \text{Discount}) \] Substituting the values: \[ 450 = MP \times (1 - 0.10) \] \[ 450 = MP \times 0.90 \] Now, solve for MP: \[ MP = \frac{450}{0.90} \] \[ MP = 500 \] ### Step 3: Calculate the Cost Price (CP) We know that if no discount was given, the selling price would be equal to the marked price (MP). The profit is 25%, which means: \[ SP = CP \times (1 + \text{Profit}) \] Substituting the values: \[ 500 = CP \times (1 + 0.25) \] \[ 500 = CP \times 1.25 \] Now, solve for CP: \[ CP = \frac{500}{1.25} \] \[ CP = 400 \] ### Step 4: Calculate 50% of the Cost Price To find 50% of the cost price: \[ 50\% \text{ of CP} = \frac{50}{100} \times CP \] Substituting the value of CP: \[ 50\% \text{ of CP} = \frac{50}{100} \times 400 \] \[ 50\% \text{ of CP} = 200 \] ### Final Answer Thus, 50% of the cost price of the article is Rs 200. ---
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