There are two shopkeepers, first shopkeeper calculates his profit percent on the selling price whereas the second shopkeeper calculates his profit percent on the cost price. If the selling price for both the shopkeeper is same and the difference between their profits is Rs.175. Then, calculate the sum of the cost price for both the shopkeeper if the profit percent for the both shopkeeper is 25%?
A) Rs 5425
B) Rs 4875
C) Rs 4675
D) Rs 5275
Answer: A) Rs 5425
Explanation:
Let the selling price for each of the shopkeeper be Rs 100x
A shopkeeper marks his goods at 25% above the cost price. He sells three-fourth of the goods at the marked price and the remaining at 40% discount on the marked price. His gain/loss percent is:
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