A trader put price of his goods 25 % above cost price but allows 12.5 % discount for cash payment. I

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7.Profit and Loss

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A trader put the price of his goods $25 \%$ above cost price but allows $12.5 \%$ discount for cash payment. If he sells the goods for. $Rs.$ $875$ find the cost price of the goods? (in $Rs.$)

A

$800$

B

$875$

C

$925$

D

$975$

Solution

$MP$ of goods (before $12.5 \%$ discount)

$= Rs .875\left[\frac{100}{100-12.5}\right]= Rs .1000$

$CP$ of goods $= Rs. 1000\left(\frac{100}{100+25}\right)= Rs .800$

Standard 13

Quantitative Aptitude

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