Question

ONLY FOR BRAINLIEST

A cycle merchant allows 25% discount on the Marked price of the cycle and still make a profit of 20% if he earns a profit of 360 on the sale of one cycle find the Marked price of the cycle

Answer 1

let marked price be x
discount given is 25%
therefore discount is 25/100x
which is x/4
therefore price after discount will be x-x/4 which is equal to 3x/4
now, profit is 20%
profit is 360
therefore,
20% of x/4 is 360
20/100 × x/4 = 360
1/5 × x/4 =360
x/20=360
x=360×20
x=7200
therefore marked price is 7200
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