Question

Q10) 1.0 marks
A person buys an article at 25% discount and sells it at 5% above the marked price. What percent gain does he make?​

Answer 1

Answer:

66.67%

Explanation:

LET THE MARKED PRICE OF ARTICLE BE 100X

THEREFORE COST PRICE(25% DISCOUNT)=75X

NOW HE SOLD THE ARTICLE 5% ON MARKED PRICE

THEREFORE HE SOLD ARTICLE FOR 105X

THEREFORE HIS PERCENT GAIN MADE IS=66.67