The marked price of an article is 25% above the selling price and the cost price is 40% below the marked
price. Find the percentage of discount on the marked price and profit percent on cost price.
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lead selling price of an article be rs.100
MRP of an article is rs.125
CP of an article is rs.125(1-40/100)
=rs.125×60/100
rs.75
discount = MRP-SP=RS.(125-100)=RS.75
THEREFORE, DISCOUNT PERCENTAGE=25/125×100=20
PROFIT =SP - CP RS.(100-75)=RS. 25
PROFIT%= 25/75×100=33.3333%
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