If Ali gets 25% profit by selling an article in 250 rupees what is the original price of the article?
- 240
- 230
- 200
- None of these
Explanation
Since Ali gets a 25% profit by selling the article for 250 rupees, we can set up the equation:
Selling Price = Original Price + Profit
where Profit = 25% of Original Price
Substitute the values:
250 = Original Price + (25% of Original Price)
To find the original price, let's convert the percentage to a decimal:
25% = 0.25
Now, rewrite the equation:
250 = Original Price + (0.25 × Original Price)
Combine like terms:
250 = Original Price × (1 + 0.25)
Simplify:
250 = Original Price × 1.25
Now, divide both sides by 1.25:
Original Price = 250 ÷ 1.25
Original Price = 200
So, the original price of the article is 200 rupees.
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