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?
PLEASE GIVE A STEP BY STEP EXPLANATION TODAY IS MY EXAM

Answer 1

Answer:

the answer is 45 and plz follow me

Answer 2

Answer:

60%

Step-by-step explanation:

Let the MP be x

D% = 25%

So, SP = x- 25/100 of x

= 4x-x/4

=3x/4

P% = (100/100+P%)*SP

=100/120*3x/4

= 15x/20

If it was sold at marked price, th profit =

x-15x/24

= 9x/24

P% = 9x/24*24/5x*100%

P%= 60%

So , the profit% is 60%

Thank you