Question

The marked
price of an article is 20%. above
the selling price and the cost price is
20%below the marked price. Find the
disount percent ond profit percent .​

Answer 1

Answer:

Therefore, market price is equal to cost price plus 20% of cost price. Market price is x+20%(x)=1.2x. Since the market price of an article is 20% above the cost price, therefore the discount is 10% of market price.

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