Question

The marked price of an articles 25% above its selling price and the cost price is 30%

than its marked price Find the discount percent and gain percent.​

Answer 1

Answer:

20% discount & 14.28% gain

Step-by-step explanation:

Let, the S.P of an article is X

             M.P is X + X / 4 = 5X / 4

             C.P is 30/100 x 5X / 4 = 15X / 4

Now, consider if S.P is 100,

then M.P will be 5X / 4 x 100 = 125

and, C.P will be 100 - 30 / 100 x 125 = 87.5

Then, discount = 25 / 125 x 100  = 20%

and, gain = 100 - 87.5 / 87.5 x 100 = 100 / 7 = 14.28%