Practicing Success
Marked price and cost price of an article are in ratio 5 : 4. If the profit earned by selling the article is 12.5%, then what is the discount percentage? |
12.5 15 8 10 |
10 |
Marked price and cost price of an article are in ratio 5 : 4 Profit is 12.5% Cost price = 4x Selling price = 112.5% of 4 = 4.5x Marked price = 5x Discount = 5x - 4.5x = 0.5x Discount% = 0.5x × \(\frac{100}{5x}\) = 10%
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