The marked price of an article is 25% above it's selling price and the cost price is 30% less than its marked price . find the discount percentage and gain percent.
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0
Answer:
25%
Step-by-step explanation:
suppose selling price is x
Marked Price = 1.25 x
Cost Price = 1.25 x - .4(1.25x)= 1.25x- .5x
Cost Price = .75x
Selling Price = Cost Price + Profit
Profit = Selling price - Cost price
= x - 0.75x
=0.25x
Hence Profit is 25 %
Discount is 25 %
Answered by
9
According to given problem,
- The MP of an article is 25 % above the selling price and the cost price is 30% less than its MP.
- Let the Marked Price be = Rs 100
- Let Selling Price of an Article be Rs 'x'.
Since,
- The MP of an article is 25 % above the selling price.
So,
- Selling Price of an Article = Rs 80
Now,
- The cost price is 30% less than its MP.
Now, we have
- Marked Price of the Article = Rs 100
- Selling Price of an Article = Rs 80
- Cost Price of an Article = Rs 70
We know,
Also,
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