Question

AFTER ALLOWING A DISCOUNT OF 25% ON THE MARKET PRICE OF AN ARTICLE.THERE IS A GAIN OF 20 %. FIND THE PROFIT % IF THE ARTICLE IS SOLD AT THE MARKET PRICE WITHOUT DISCOUNT?????????????

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Answer 1

ʟᴇᴛ ᴍᴀʀᴋᴇᴛ ᴘʀɪᴄᴇ ʙᴇ 100

ᴀғᴛᴇʀ ɢɪᴠɪɴɢ 25ᴘᴇʀᴄᴇɴᴛ ᴅɪsᴄᴏᴜɴᴛ , sᴇʟʟɪɴɢ ᴘʀɪᴄᴇ = 100-25*100/100 = 75

ʙʏ sᴇʟʟɪɴɢ ᴛʜᴇ ᴀʀᴛɪᴄʟᴇ ᴀᴛ ʀs 75, ᴛʜᴇʀᴇ ɪs ᴀ ɢᴀɪɴ ᴏғ 20%.

ᴛʜɪs ɢᴀɪɴ ᴏғ 20% ɪs ᴏɴ ᴛʜᴇ ᴄᴏsᴛ ᴘʀɪᴄᴇ ᴏғ ᴀʀᴛɪᴄʟᴇ

ʟᴇᴛ ᴄᴏsᴛ ᴘʀɪᴄᴇ ʙᴇ ʀs x

sᴏ, x+( 20/100) *x = 75

6x/5 = 75

x = ʀs 62.5

sᴏ, ɪғ ᴛʜᴇ ᴀʀᴛɪᴄʟᴇ ɪs sᴏʟᴅ ᴀᴛ ᴍᴀʀᴋᴇᴛ ᴘʀɪᴄᴇ , ᴘʀᴏғɪᴛ = 100-62.5 = 37.5

ᴘʀᴏғɪᴛ ᴘᴇʀᴄᴇɴᴛ = 37.5/62.5 *100 = 60%

Answer 2

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