Problema Solution
A shopkeeper allows his customer 10percent off on the marked price of goods and still gets a profit of 25percent. What is the actual cost to him on an article marked Rs250
Answer provided by our tutors
let 'x' represent the cost
250 - 0.10*250 = x + 0.25x
by solving we find:
x = Rs 180
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the actual cost of the goods is Rs 180.