Multiple choice

Anu allows a 20% discount on the marked price of an article and still makes a profit of 25%. If she gains Rs. 44.80 on the sale of the article, then the cost price of the article is

  1. Rs. 188.80

  2. Rs. 192.80

  3. Rs. 184.20

  4. Rs. 179.20

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let CP = x. Profit = 0.25x = 44.80. x = 44.80 / 0.25 = 179.20.

AI explanation

Given a 25% profit equals Rs. 44.80, the cost price is calculated as 44.80 divided by 0.25, which is Rs. 179.20. Using the formula Cost Price = Profit / Profit Percentage, the cost price of the article is Rs. 179.20.