When a discount of 15% is allowed on the marked price of an article, It is sold for Rs 4250. Calculate the marked price. If the marked price is 25% above the cost price of the article. Calculate the gain or loss percent.
Answers
Answer:
Marked price=5000
gain percent=25%
Step-by-step explanation:
Let x be marked price
discount=15% of x
selling price=marked price - discount
=x-15x/100------(1)
=(100x-15x)/100
=85x/100
but selling price=4250
thus,
85x/100=4250
x=425000/85
x=Rs.5000
marked price=5000
marked price is 25% above cost price
thus,
now let y be cost price
5000=25y/100+y---(similar to step 1here it is added)
5000=125y/100
y=500000/125
y=4000
thus, profit=marked price-cost price
=1000
profit%= profit*100/cost price
=1000*100/4000
=25%
Answer:
loss = 32%
Step-by-step explanation:
given,
sp=. 4250
discount= 15%
Mp =. 100×sp/100- discount%
then,
Mp = 5000
if mp is 25 %above
25%of 5000= 1250
cp = 5000+ 1250
cp= 6250
and sp = 4250
sp<cp
that means , loss
loss = cp - sp
loss = 2000
loss% = loss × 100/cp
loss= 32%