A shopkeeper allows 25% discount on his advertised price and to make…

Question

A shopkeeper allows 25% discount on his advertised price and to make a profit 25% on his outlay. What is the advertised price (in Rs.) on which he gains Rs. 6000?

Accepted Answer

Option B. Rs. 40000. Answer & Solution Answer: Option B Solution: Let Cost price = 100 $$ gathered CP \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, SP\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, MP \ 100\,\, [ Profit]\,\,125\,\, [ - 25\% ]x \ gathered $$ & Profit = 125 - 100 = 25 units & MP = x = 75100 & \,\,\,\,\…