Question

The list price of an article is 25%above the selling price and cost price is 40% below the list price, then, rate of discount is ​

Answer 1

Answer:

• let selling price is x
• Marked price is =1.25 x
• Cost price =$\bf1.25x-.4(1.25x)=1.25x-.5x</strong></li><li><strong>[tex] </strong></li><li><strong>Cost </strong><strong>price=</strong><strong>.</strong><strong>7</strong><strong>5</strong><strong>x</strong></li><li><strong>[tex] \rm \bf{selling \: price =} \\ \rm \bf{cost \: price + profit}$
• =x-0.75x
• ➝0.25x
• So, the profit is
• $\fbox \red{25\% }$
• And discount = 25%