Question

after allowing a discount of 25% on the market price of an article there is a gain of 20% what is the profit percent if the article is sold at market price allowing no discount ​

Answer 1

Answer:

Step-by-step explanation:

Let Market price be 100

After giving 25percent discount , selling price = 100-25*100/100 = 75

By selling the article at Rs 75, there is a gain of 20%.

This gain of 20% is on the cost price of article

Let cost price be Rs x

So, x+( 20/100) *x = 75

6x/5 = 75

x = Rs 62.5

So, if the article is sold at market price , profit = 100-62.5 = 37.5

Profit percent = 37.5/62.5 *100 = 60%

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