Question

Jasleen purchased a purse at 25 %discount on it's marked price but sold it at the marked price. find the gain and loss per cent

Answer 1

Here his/her profit is 25%
Explanation:
Let X be its price
That person bought for 75%=75/100(x) =3x/4
Hence he bought it for ₹3x/4
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Now it was sold for ₹x
Hence his profit=x-3x/4=x/4=25%...
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