Question

An article is marked at a price which is 1.2 times
its cost price. After allowing a certain discount on
the marked price, the profit reduces to 10%. The
discount percent is:​

Answer 1

Answer:

Let the Actual Cost of Product- X

Marked Price of Product Will- 1.25X

And Selling Price After Discount Will- 1.125X

So, Discount Given- 1.25X-1.125X=0.125X

So Discount Percentage-

0.125X/1.25X*100=10% Ans!

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Answer 2

Discount percentage = 8.33% .  

Given:

• An article is marked at a price which is 1.2 times
• Its cost price.
•  Allowing a certain discount the marked price, the profit      reduces to 10%.

Find:

  Discount percent.

Explanation:

•  Consider cost price 100 rs.
•  Marked price = 1.2×100 =120 Rs. ...............Given.
• After allowing discount profit = 10% =$\frac{100\times 10}{100}$ =10 Rs.
• Total selling price                              =100+10 =110 Rs.
• Discount for market price = 120-110 =10 rs.
• Discount percentage =$\frac{10}{120} \times 100$ = 8.33%
• After allowing = 8.33%  Discount profit reduces to 10%.

         Discount percentage = 8.33%      

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