Practicing Success
A shopkeeper marks an article at a price such that after giving a discount of x%, he gains 20%. If the cost price and the marked price of the article are ₹920 and ₹1472 respectively, then what is the value of x? |
18 30 20 25 |
25 |
Cost price : Marked price = (100 - Discount%) : (100 + Gain%) ⇒ 920 : 1472 = (100 - Discount%) : (100 + 20) ⇒ \(\frac{920}{1472}\) × 120 = 100 - Discount% ⇒ 75 = 100 - Discount% ⇒ Discount% = 100 - 75 = 25% |