A shopkeeper bought an article for 360 the profit made by the shopkeeper after selling it after a 11.11 % discount is 40 find the Marked price of the article
Let the marked price of the article be x.
After giving an 11.11% discount, the selling price of the article will be 88.89% of the marked price:
Selling price = x - 0.1111x = 0.8889x
Profit = Selling price - Cost price
40 = 0.8889x - 360
0.8889x = 400
x = 448.96
Therefore, the marked price of the article is $448.96.