Question

After allowing a discount of 25% on the market price of an
article, there is a gain of 20%. What is the profit % if the article is sold
at market price i.e. allowing no discount?

Answer 1

$\fontsize{18}{10}{\textup{\textbf{Profit is 60 percent}}}$

Step-by-step explanation:

Let the marked price be x and the cost price by y

According to the question

selling price is 20% over y(=y+20% of y) and 25% lower than x(=x-25% of x)

So, SP = 1.2x=0.75

=>y=1.2x/0.75

=>y=1.6x

So the marked price is 60% over the cost price

So if no discount is allowed, the profit is 60%