Answer: £4733.05
Step-by-step explanation:
Answer:
The percentage loss = 10.9375 %
Step-by-step explanation:
Let the cost price = x
Since the marked price is 18.75% above the cost price so the
Marked price = 1.1875 x
When a discount of 25% is allowed on the marked price , the selling price will be Rs. 1425
⇒ Marked price × 0.75 = 1425
⇒ Cost price × ( 1.1875 × 0.75 ) = 1425
⇒ Cost price × ( 0.890625 ) = 1425
⇒ Cost price = 1600
Selling price = 1425
So percentage loss = × 100
% Loss = × 100
% Loss = 10.9375 %
I think the answer is number 3
£555.84
1% of the original value ×20 is £92.64. Add that to the original value (£463.20)
I believe you get 10 dollars in interest.