Question

When a discount of 25% is allowed on the marked price then the selling price will be

Rs 1425. If the marked price is 18 above the cost price, what percent will be gained or lost
plz help me​

Answer 1

11.5% loss

Explanation:

Discount = 25%

SP= 1425

MP= CP+18%

Profit or loss% - ?

---------

SP= MP- 25%= MP*0.75= 1425

MP= 1425/0.75= 1900

MP= CP+18%= CP*1.18

CP= MP/1.18= 1900/1.18 ≈ 1610.17

SP< CP, so there is loss

Loss%= (1610.17- 1425)/1610.17*100%= 11.5%