8. The MP of an article is 25 % above the SP and CP is 40 % below the SP. Find the percentage of discount
and profit.
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Let the C.P=Rs. 100
then M.P= 100 + 20 =Rs. 120
10 Discount 10% = x 120 =Rs. 12
100 S.P-M.P- discount = 120 - 12 =Rs. 108 8 Profit=Rs. 8, profit%: x 100 = 8%. 100
Or
Let the Sale Price be= Rs 100
• So Cost Price (20% less than S.P) = Rs 80
• So profit%= (100-80)/80 x100 =25%
• Now we know
• S.P = M.Px (100-D)/1000
1. here S.P= Rs 100
2. M.P = Rs 125
3. So D= ?
• So (100-D)/100 = 100/125= 80
• So Discount % = 20%
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