Please help guys to answer this question by full explanation. Thanks in advance.
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Step-by-step explanation:
Let the MP be X
given that
discount %=20
discount= discount % of MP
= 20% × X
= 20X/100 = X/5
SP= MP - discount
= X -(X/5)
=4X/5
if there is no discount,SP is X since there is no discount
since CP is constant,decrease in SP after giving discount is decrease in profit after giving discount
200-100=X-4X/5
100=X/5
X=500
MP = 500
SP = 4X/5 =4×500/5 =400
CP=SP- profit = 400 -100 =300
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