Question

Profit ,loss and discount
Rajan purchased a purse at 25% discount on its marked price but sold it at the marked price. Find the gain present of Rajan on this transaction

Answer 1

Answer: 33.33%

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Step-by-step explanation:

let Marked price (MP) = x

then, discount amount = 25 % of x = x/4

Now,

SP= MP -Discount

  = x - x/4

  = 3x /4

which is the cost price for Rajan =  3x /4

If he sold it at MP i. .e rs, x then,

Profit = x-3x/4 =x/4

P% = P/CP *100

     =(x/4 ) / (3x/4) *100

     =  33.33%