The Marked Price of an Article is 20% More than the Cost Price. If the Article is Sold at a Discount of 15% on Its Marked Price, Then the Gain Percent is - Mathematics
The marked price of an article is 20% more than the cost price. If the article is sold at a discount of 15% on its marked price, then the gain percent is
Let the cost price of an article is ₹ 100.
then, marked price`=100xx120/100 = ₹ 120.`
Selling price`=120xx85/100 = ₹ 102.`
Profit percent`=((102-100)/100)xx100` = 2%
Concept: Probability (Entrance Exam)
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