Question

Rajan purchase purse at 25% discount on marked price but sold it at the Marked price find the gain percent of Rajan on this transaction

Answer 1

Let the marked price of Purse is Rs.x

Discount = 25%

So cost price of Purse for Rajan = x−25/100*x = x−1x/4=3x/4

And Rajan sold it at the marked price.

So Selling price of purse = marked price =Rs.x

Then net gain = x−3x/4 = [4x-3x]/4 = x/4

So gain percentage = [net gain×100]/cost price = [x/4×100]/[3x/4 ]

= x/4×4/3x×100 = 100/3 = 33.33%net gain

Therefore gain percentage is 33.33%. Ans