Question

the marked price of an article is 25% above the selling price • the cost price is 25% less than its marked price • calculate the discount percentage or the gain percentage​

Answer 1

Answer:

Let M.P. Of an article = ₹ 100

∴ Cost price = (100 × (100 – 25))/100

= ₹ (100 × 75)/100 = ₹ 75

Discount = 15%

∴ S.P. = ₹ 100 – 15 = ₹85

But cost price = ₹2400

(i) ∴ Marked price = ₹2400 × (100/75)

= ₹ 32 × 100 = ₹3200

(ii) And S.P. = ₹ (3200 × 85)/100 = ₹2720

(iii) Profit = S.P. – C.P. = ₹2720 – 2400 = ₹320

∴ Profit % = (Profit ×100)/C.P. = (320 × 100)/2400

= 40/3% = 13. 1/3%

Step-by-step explanation:

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