The marked price of an item is twice The cost price for a gain of 15% ,what's the discount offered?
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Answer:
The discount offered is 42.5%.
Step-by-step explanation:
Given : The market price of an article is twice its cost price for a gain of 15%
To find : What is the discount offered?
Solution :
Let the cost price be Rs.100.
Market price became MP=2\times 100=200MP=2×100=200
There is gain %=15%
The selling price is
SP=\frac{100+G\%}{CP}\times 100SP=
CP
100+G%
×100
SP=\frac{100+15}{100}\times 100SP=
100
100+15
×100
SP=\frac{115}{100}\times 100SP=
100
115
×100
SP=Rs.115SP=Rs.115
The discount offered is
D\%=\frac{MP-SP}{MP}\times 100D%=
MP
MP−SP
×100
D\%=\frac{200-115}{200}\times 100D%=
200
200−115
×100
D\%=\frac{85}{200}\times 100D%=
200
85
×100
D\%=42.5\%D%=42.5%
Therefore, the discount offered is 42.5%.
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