an article after allowing a discount of 20% on its marked price was sold at a gain of 20% had it been sold after allowing 25% di

Question

3 years ago

13

scount would have been of gain of rupees 125 find the Marked price of the article

1 answer:

Effectus [21] · Answer 1 · 2022-07-20T06:47:28+03:00

8 0

Answer:

Rs 120

Step-by-step explanation:

Let MP = m

Discount = 25% of MP = m/4

SP = MP - Discount

= m - m/4 = 3m/4

If profit is 20%, CP = 3m/4 x 100/120 = 5m/8

=> Profit = 3m/4 - 5m/8 = m/8

Given Profit - Discount = Rs 15

=> |m/8 - m/4| = 15

m/8 = 15

m = Rs 120