Question

Shikha sells an article for ₹253, after giving 12% discount on its marked price. Had she not given any discount, she would have earned a profit of 25% on the cost price. What is the cost price of the article?

• A. ₹220
• B. ₹225
• C. ₹230
• D. ₹235

Hint:

To find cost price, use: \[ \text{CP} = \frac{\text{SP}}{1 + \text{Profit % in decimal}} \]

Answer 1

The Correct Option is C

Let marked price be \( M \). Selling Price = ₹253 = \( 0.88M \Rightarrow M = \frac{253}{0.88} = 287.5 \) Had there been no discount, SP = ₹287.5 Cost Price = \( \frac{287.5}{1.25} = ₹230 \)