Question : A megastore is offering a 20% discount on all grocery items. Sakshi bought one grocery item marked at Rs. 400. What is its cost price if the store earned a profit of 25% after giving the discount?
Option 1: Rs. 256
Option 2: Rs. 280
Option 3: Rs. 380
Option 4: Rs. 320

Question

Question : A megastore is offering a 20% discount on all grocery items. Sakshi bought one grocery item marked at Rs. 400. What is its cost price if the store earned a profit of 25% after giving the discount?

Option 1: Rs. 256

Option 2: Rs. 280

Option 3: Rs. 380

Option 4: Rs. 320

Team Careers360 · Accepted Answer

Correct Answer: Rs. 256

Solution : Let the cost price be $x$.
Marked price, MP = Rs. 400
Profit % gained = 25%
Selling price, SP after 20% discount = MP – $\frac{20}{100}$MP
⇒ SP = 400 – $\frac{20}{100} imes$ 400
⇒ SP = Rs. 320
Also, Profit percentage = $\frac{ ext{Selling price – Cost price}}{ ext{Cost price}}×100$
$⇒ 25 = \frac{320-x}{x} imes 100$
$⇒ 125 × x = 32000$
$ herefore x = 256$
Hence, the correct answer is Rs. 256.

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Question : A megastore is offering a 20% discount on all grocery items. Sakshi bought one grocery item marked at Rs. 400. What is its cost price if the store earned a profit of 25% after giving the discount?Option 1: Rs. 256Option 2: Rs. 280Option 3: Rs. 380Option 4: Rs. 320

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Question : A megastore is offering a 20% discount on all grocery items. Sakshi bought one grocery item marked at Rs. 400. What is its cost price if the store earned a profit of 25% after giving the discount?
Option 1: Rs. 256
Option 2: Rs. 280
Option 3: Rs. 380
Option 4: Rs. 320