Question

The market price of an article is twice its cost price for a gain of 15% what is the discount offered?

Answer 1

Answer:

42.5%

Step-by-step explanation:

Let CP=Rs. 100

MP=Rs.200

Gain=15%

SP=100+15% of 100

=Rs.115

Discount=200-115

=85

Discount%=(85*100)/200

42.5%

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Answer 2

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 $MP=2\times 100=200$

There is gain %=15%

The selling price is

$SP=\frac{100+G\%}{CP}\times 100$

$SP=\frac{100+15}{100}\times 100$

$SP=\frac{115}{100}\times 100$

$SP=Rs.115$

The discount offered is

$D\%=\frac{MP-SP}{MP}\times 100$

$D\%=\frac{200-115}{200}\times 100$

$D\%=\frac{85}{200}\times 100$

$D\%=42.5\%$

Therefore, the discount offered is 42.5%.

#Learn more

The cost price of an article is ₹1600 which is 20% below the market price if the article is sold at a discount of 16% find market price

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