The marked price of a wedding dress is 2.5 times its cost price. A discount of 20% is offered on the marked price, and the shopkeeper

Question:
The marked price of a wedding dress is 2.5 times its cost price. A discount of 20% is offered on the marked price, and the shopkeeper still makes a profit of ₹2,400. Find the cost price of the wedding dress.

Solution:

  1. Let the cost price (CP) of the wedding dress be ₹x.
    The marked price (MP) is 2.5 times the cost price:

    MP=2.5xMP = 2.5x

  2. After a 20% discount, the selling price (SP) is:

    SP=MP−(20% of MP)SP=MP×(1−0.2)SP=0.8×MPSP=0.8×2.5x=2xSP = MP – (20\% \text{ of } MP) SP = MP \times (1 – 0.2) SP = 0.8 \times MP SP = 0.8 \times 2.5x = 2x

  3. Given that the shopkeeper makes a profit of ₹2,400:
    Profit is the difference between the selling price and cost price:

    SP=CP+Profit2x=x+2400SP = CP + \text{Profit} 2x = x + 2400

  4. Solve for xx:

    x=2400x = 2400

Answer:
The cost price of the wedding dress is ₹2,400.