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8 October, 19:50

the marked price of article is 25 % above the selling price and the cost is 20% below the selling price. find the rate of discount and profit percentage.

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  1. 8 October, 19:54
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    Suppose selling price is x

    Marked Price = 1.25 x

    Cost Price = 1.25 x -.4 (1.25x) = 1.25x-.5x

    Cost Price =.75x

    Selling Price = Cost Price + Profit

    Profit = Selling price - Cost price

    = x - 0.75x

    =0.25x

    Hence Profit is 25 %

    Discount is 25 %
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