The list price of an articles is Rs. 112. If the articles is sold at the same price, there is a profit of 40%. But th shopkeeper has decided to give a certain discount. Ever then there is a profit of 25%. How much discount is the shopkeeper going to give?
Answers
Step-by-step explanation:
In the profit and loss section, the cost of a product is very crucial. If you have marked the cost of the product wrong, you may not see any profit at all. In the following section, we will see what we mean by marked price. We will also see all the other relevant terms and try and understand how to determine marked price such that the profit is maximum.Sometimes marked price is used as a psychological tool for customers. For example, a set of headphones is being sold at Rs 999/-. One company has set the marked price at Rs 1000/- thus showing a little discount on the marked price. Another company sells the same product at the same cost but marks it at Rs. 1499/- thus giving the illusion of a heavy discount. The customers are more likely to buy the one marked at a higher price. This brings us up to the concept of discount.
In this similar concept you can solve ur questions easily!
Answer:
3:4
Step-by-step explanation: