Question

When a shirt was sold at discount of 20% a person gets profit of 87.5% due to some reason
c.p. was increased by 25% and m.p. by rs 500 and discount offered also increased 25% and person gains the same profit ?

Answer 1

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Answer 2

Let the marked price = Rs. 100.

Then, SP = 100 - 20% of 100 = Rs. 80

Profit = 87.5%.

Let His CP = X.

SP = 80

X + 87.5% of X = 80

Hence, X = Rs. (100*80)/187.5 = Rs. 42.66

CP = Rs. 42.

Profit after selling on marked price = 100-42.66 = Rs. 57.34

% gain = 57.34*100/42.66 = 134.41%.