Find the selling price of the article (in Rs)
A. The ratio of the marked price to the cost price of the article is 3:2, respectively, and the shopkeeper allowed a 20% discount on the article.
B. The difference between the markup price and profit earned on the article is Rs 75.
From A. Let the cost price be Rs 20a
Marked price = 20a×3/2=Rs 30a
Selling price = 30a×80/100=24a
From B. The difference between the markup price and profit earned on the article is Rs 75.
Both A & B together
(30a-20a)-(24a-20a)=75
10a-4a=75
a=12.5
Required price = 24×12.5=Rs 300
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