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- Identify CP and SP.
- Find profit/loss amount.
- Use CP as base for percentage if asked.
Correct Answer: C
Correct Answer: C
Method / Topic: Profit and Loss
Profit or loss percentage is calculated on cost price.
Short Explanation
Detailed Explanation
Correct Answer: C
Method / Topic: Profit and Loss
First calculate selling price after discount as Rs. 4000. Since this equals 125 percent of cost price, divide by 1.25 to get Rs. 3200.
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Learn + Solve: Shortcut, Trap & Fast Route Click to view shortcut, steps, and common mistake
Shortcut used, common trap, and the fastest solving route
- Identify CP and SP.
- Find profit/loss amount.
- Use CP as base for percentage if asked.
An article marked at Rs. 5000 is sold after a 20% discount. If the seller earns 25% profit, what is the cost price?
Explanation
Correct Answer: C
Method / Topic: Profit and Loss
Profit or loss percentage is calculated on cost price.
Short Explanation
Detailed Explanation
Correct Answer: C
Method / Topic: Profit and Loss
First calculate selling price after discount as Rs. 4000. Since this equals 125 percent of cost price, divide by 1.25 to get Rs. 3200.
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