Question

An article is listed 20% above
selling price and cost prices
20% bellow the selling price
The rate of discount is​

Answer 1

Answer:

Suppose selling price is x

Marked Price = 1.25 x

Cost Price = 1.25 x - .4(1.25x)= 1.25x- .5x

Cost Price = .75x

Selling Price = Cost Price + Profit

Profit = Selling price - Cost price

= x - 0.75x

=0.25x

Hence Profit is 25 %

Discount is 25 %

Answer 2

Answer:

40% selling price cost prices