The marked price of an article is Rs. 500. A shopkeeper gives a discount of 5% and still makes a profit of 25%. The cost price of the article is = ?
A. Rs. 384
B. Rs. 380
C. Rs. 300
D. Rs. 376
Answer: Option B
Solution (By Examveda Team)
$$\eqalign{ & {\text{Cost price of the article}} \cr & {\text{ = 500}} \times \frac{{95}}{{100}} \times \frac{{100}}{{125}} \cr & = {\text{Rs}}{\text{. 380}} \cr} $$This Question Belongs to Arithmetic Ability >> True Discount
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