The marked price of the article is twice its cost price.For a gain 15% ,what is the discount offered?
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Step-by-step explanation:
Let CP be x.
Then MP is 2x.
Gain is 15%
Therefore, SP = x + 15x/100 = 115x/100
MP = SP + DISCOUNT
=> DISCOUNT = 2x - 115x/100 = 200x/100 - 115x/100 = 85x/100 = 17x/20
Therefore, discount offered is 17/20 of the CP
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