Question

rajan purchased a purse at 25 % discount on its marked price but sood it at the marked price . find the gain percebt of rajan on this transaction.

Answer 1

Let the marked price be x:

discount of 25%, therefore purchase price is 75/100x = 0.75x

 

Profit = selling price -buying price (selling price = marked price)

         = x- 0.75x    

         =0.25x

gain % =  profit/ buying price(100)

        

           = 0.25/0.75(100)  =1/3(100)

     

           

           =33.3333%

 

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