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)

$$\eqalign{ & {\text{Cost price of the article}} \cr & {\text{ = 500}} \times \frac{{95}}{{100}} \times \frac{{100}}{{125}} \cr & = {\text{Rs}}{\text{. 380}} \cr} $$