the mp of an article is 25 percent above the sp and cp is 20 percent below the sp find the rate of discount and the profit percent
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Step-by-step explanation:
Mp = Sp + 25%
Cp = Sp - 20%
Let the C.P be Re. 1
C.P = S.P - 20/100
Re.1 * 100 = 100sp - 20
Rs. 100 = 100sp - 20
Rs. 100 + 20 = 100sp
100sp = Rs. 120
S.P = Rs.120/100
S.P = Rs. 6/5
S.P = Rs. 1.20
M.P = S.P + 25%
M.P = Rs. 1.20 + 25/100
100M.P = Rs 120 + 25
M.P = 1.45
C.P = Rs. 1
S.P = Rs. 1.20
M.P = Rs. 1.45
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