Question

· The list price of an article is 25% above the selling price and the cost

price is 40% below the list price. Find the rate of discount and profit?
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Answer 1

p=25%

discount=25%

Explanation:

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

Cost Price = .75x

S P = C+P

Profit = Selling price - Cost price

= x - 0.75x

=0.25x

the Profit is 25 %

Discount is 25 %