An article marked at a price which gives a profit of 25%.After allowing a certain discount, the profit reduces to 12.5%.Find the discount percent.
Answers
Answered by
16
Here your answer goes
Step :-1
Maximum Price = 125% of the cost price ( 100%)
Reduced Price = 112.5% of cost price
Step :- 2
Discount% of Maximum price =
==> 10%
Therefore , Discount percent is 10%
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Answered by
6
Let the actual cost of product be x
Marked price of product be 1.25x
Selling price after discount will be 1.125x
So,
Discount = 1.25x-1.125x=0.125x
Discount Percentage =
0.125x/1.25x*100
=10%
@skb
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