Question

The magnitude of profit is one third of the discount offered. If the discount is 37.5% find the profit percentage

Answer 1

Let the Marked price be Rs 100,

Discount=37.5%,

i.e Dsct. = Rs 37.5, Therefore Profit = Rs (37.5)/3 = Rs 12.5.
Now SP = MP-discount =(100-37.5)= Rs 62.5
Therefore CP = SP-profit = 62.5-12.5 = Rs 50.

So Profit % = (profit/CP) * 100


i.e P% = (12.5*100)/50 = 25%