find the profit or loss % if ratio of markup and selling price is 4:7 and discount given to cost price is 3:10
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Answer:
Let Cost Price be Rs 100
Marked up Price= Rs 125(100/4*5)
Then the marking up price which is Rs 25 equal to profit plus discount which are 5:3
Then profit will be Rs 15.625(25.00/8*5)
Then discount will be Rs 9.375(25.00/8*3)
Therefore discount percentage is= 9.375%(9.375/100*100).
Step-by-step explanation:
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