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Glenn labelled the price of an article in such a way so as to earn 25% profit. However, while selling he offered 6% discount on the labelle…

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Glenn labelled the price of an article in such a way so as to earn 25% profit. However, while selling he offered 6% discount on the labelled price. If he sold it for Rs. 10,340, what was the cost price of the article ?
  • ARs. 9,200
  • BRs. 8,000
  • CRs. 8,800
  • DRs. 8,600
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CCommunity
Solution
Let C.P. of article = Rs. $100x$
=> Marked price = $\frac{125}{100} \times 100x = 125x$
=> Selling price after offering 6 % discount = Rs. 10,340
=> $\frac{94}{100} \times 125x = 10340$
=> $\frac{47}{2} \times 5x = 10340$
=> $x = \frac{10340 \times 2}{47 \times 5}$
=> $x = \frac{440}{5} = 88$
$\therefore$ = C.P. = $100 \times 88$ = Rs. $8,800$
0
CCommunity
Solution
Let C.P. of article = Rs. $100x$
=> Marked price = $\frac{125}{100} \times 100x = 125x$
=> Selling price after offering 6 % discount = Rs. 10,340
=> $\frac{94}{100} \times 125x = 10340$
=> $\frac{47}{2} \times 5x = 10340$
=> $x = \frac{10340 \times 2}{47 \times 5}$
=> $x = \frac{440}{5} = 88$
$\therefore$ = C.P. = $100 \times 88$ = Rs. $8,800$