the cost price of an article is 64% of the market price the gain percentage after allowing a discount of 12% on the marked price is?
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Answered by
0
hi
let the MP be 100
then cp=64
discount =12
sp = 88
gain = 88-64=24
hope it helps
GG
vikramkumar97:
but the answer is 37.5!
Answered by
1
Let MP of the article = Rs.x
Therefore, CP of the article = x×64100x×64100 = Rs. 16x2516x25
and SP of the article = x×(100−12)100=Rs.x×2225x×(100−12)100=Rs.x×2225
= Profit = (22x25−16x25)=Rs.6x25(22x25−16x25)=Rs.6x25
Hence, profit per cent = 6x2516x25×100%6x2516x25×100%
= 6×10166×1016 = 37.5%
hope this is helpful to us.
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