The marked price of an article is 25% above its selling price and the cost price is 30% less than its marked price . find the discount percent and gain percent.

Question

asked Dec 8, 2020 31.5k views

1 Answer

Varro · Answer 1 · 2020-12-12T07:46:08+0000

Answer:

Profit 14.28% Discount 20%

Explanation:

Selling price 100

Marked price 125 (25%more)

Cost price 87.5(125=125*30%)

Profit 12.5/87.5*100= 14.28%

Discount 25/125*100 = 20%