Print price of an article is 25% more than its cost price. At what
percent less should it be sold for no profit and no loss?
Answers
Answer:
20%
Step-by-step explanation:
Successive discount formula = ( x + y + xy / 100 ) %
We know X = 25%
Overall change in value to be 0 as there is no need of profit or loss.
As we have look for how much discount to be given we consider Y to be negative value.
Therefore,
X + (-Y) + ((X * -Y)/100) = 0
25 - Y - (25 * Y)/100 = 0
25 - Y - Y/4 = 0
25 = Y/4 + Y
25 = 5Y/4
Y = 20%
Hope you understood
Answer:20%
Step-by-step explanation:
Let cost price cp=100.
(cp of 100 is 100% )
100=125% (25% more than the cp)
? =100% (100% for no profit no loss)
100/?=125%/100%
(percentages canceled on right side)
( cancle 25 table in right side)
100/?=5/4
400=? (5)
80 =? (cp of 80 is 80%)
Cp 100%-80% is 20%