Question
Ram gave a discount of 10% on the marked price of an
item and still gained 12.5%. How much would have Ram gained, if he sold the item at the marked price?Solution
Let the MP =100. Discount =10% SP =100×90/100=90Rs. At the 12.5% profit- CP =90×100/112.5 CP=80. If he sold the item at the marked price, then the selling price =100 Profit =100-80=20 Profit % =20/80) ×100 =25%.
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