an article is marked 25% above its cost price. if a discount of 25% is given on the marked price, when there is
Answers
Answer:
Concept:
S.P = [(100 + gain%)/100] × C.P
S.P = [M.P - (M.P × Discount%)]
Calculation:
Let the cost price of the article is 100 unit.
According to the question
The selling price of the article is
⇒ [(100 + 5.5)/100] × 100
⇒ 105.5 units
The Marked price of the article is
⇒ [100 + (100 × 25%)]
⇒ 100 + 25
⇒ 125 units
Also,
The selling price of the article is
⇒ [125 - (125 × x%)] = 105.5
⇒ 125 - 5x/4 = 105.5
⇒ 5x/4 = 19.5
⇒ x = 19.5 × 4/5
⇒ x = 15.6
∴ The required value of x is 15.6.
Answer:
Step-by-step explanation:
Let us assume the Cost Price of the article to be ₹100.
On marking it at 25% above its Cost Price,
So, the Marked Price is ₹125
Now, on allowing a discount of 25% on the Marked Price,
The Discount Price is ₹93.75.
Since, the Discount Price is less than the Marked Price, there has been an initial decrease in the Price of the article.
Percentage of Loss,
Therefore, overall loss percent is 6.25%
- Therefore, when the cost of an article is increased by x%, and then decreased by x%, there is always a loss.