If m.p = ₹140,sp =₹105, then discount
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Profit (Gain ) = SP – CP ( i.e SP = Profit + CP )
Loss = CP – SP ( i.e CP = Loss + SP )
Profit Percentage = [ Profit x 100] / CP
Profit = [ profit% x CP ] / 100
Loss Percentage = [ Loss x 100] / CP
Loss = [ Loss % x CP ] / 100
Sell Price = CP + Gain or Profit
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Here is your answer.
MP = Rs 140
SP = Rs 105
Discount = MP - SP
= 140 - 105
= RS 35
Discount% = Discount×100/MP
Therefore Discount% is 25%
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