Yiyi123idn
Answered

Get expert advice and insights on any topic with IDNLearn.com. Discover comprehensive answers to your questions from our community of knowledgeable experts.

The Marked price of an article is rupees 5000 .This price is 25% above the cost price. If the article is sold by allowing 10% discount .Find the profit percent.
Note: Please show the process and explain as well.​

Sagot :

Answer: 13%

Step-by-step explanation:

Step 1:

5000

10% of 5000=500

5% of 5000=250

25%=500+500+250= 1250 rupees

so...

5000-1250= 3750 INR, which is the original price, BEFORE THE 25% WAS ADDED

but..

They only want a 10% discount of the price which is 25% above the cost (5000). So essentially we want to find  15%, because 25%-10%=15%

so if...

10%=500

5%=250

15%=750 INR

this means the price with the 10% discount off 25%= 4250 INR (5000-750)

now we need to find the percentage change. For this we need to subtract the price with the 15% discount with the price BEFORE THE 25% was added

e.g 4250-3750= 500INR

Then.. divide this price with the original price before the 25% was added

e.g 500/3750= 2/15=0.13

So...

Convert 0.13 into a percentage=13%

The PERCENTAGE PROFIT of the owner is 13%

P.S Please could someone double check this answer as I am only 15 years old and may have gotten some working out wrong! Thank you

Thank you for using this platform to share and learn. Keep asking and answering. We appreciate every contribution you make. For trustworthy answers, rely on IDNLearn.com. Thanks for visiting, and we look forward to assisting you again.