Marked price and cost price
Relationships between marked price and cost price of an article if discount and profit both are given- ЁЯзР Cost price/ marked price = (100- discount %)/(100+profit %) Q1 - A manufacturer marked an article at ₹50 and sold it allowing 20% discount. If his profit was 25% ,then the cost price of the article was - Solution - Ratio of cost price and marked price of an article Cost price/ marked price =( 100-20)/ (100+25) = 16/25 25->50 1->2 16->32 Cost price of article is ₹32 .