The marked price of an article is 30% above it’s selling price and the cost price is 35%less than it’s marked price. find the discount perce

Question

The marked price of an article is 30% above it’s selling price and the cost price is 35%less than it’s marked price. find the discount percent and gain percent​

in progress 0
Kinsley 1 month 2021-10-20T13:50:50+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-10-20T13:52:12+00:00

    Answer:

    Let C be the cost price of the article. Then:

    C(1+30%)=marked price

    So:

    C(1+30%)=C(1.3)

    =1.3C

    If the article is then marked down 35%, then its’ price would be:

    1.3C(1–35%)=1.3C(.65)

    =0.845 or 84.5% of its’ cost

    Then:

    0.845–1=-0.155

    or, a 15.5% loss on the item

Leave an answer

45:7+7-4:2-5:5*4+35:2 =? ( )