A trader changed his trade discount from 20% to 15% . By what percentage was the selling price altered, the percentage of cash discount remaining the same as before ?
Answers
Answered by
2
Answer:
Let us assume the price of article be Rs. M.
∴ S.P. at 25% discount = Rs.
75M
= Rs.
3M
100 4
S.P. at 15% discount = Rs.
85M
= Rs.
17M
100 20
Increased Price = Rs.
17M
−
3M
20 4
Increased Price = Rs.
17M − 15M
= Rs.
M
20 10
∴ Percentage increase =
M
× 100
10
3M
4
∴ Percentage increase =
M
×
4
× 100
10 3M
∴ Percentage increase =
40
= 13
1
%
3 3
Answered by
1
Answer:
Let the MP be Rs.100.
Initial SP=0.75×100=75
New, SP=0.85×100=85
Percentage change = 75
85−75×100= 7510
=13 1/3%.
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