The ratio of cost price to the market price of an article is 4: 5. What is the profit percentage if the ratio of the profit percentage on selling the article to the discount allowed on it is 5: 4?

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Comments

  • Sreemoyee Pradhan

    @kg_367008 Given: CP : MP = 4 : 5 Profit% : Discount% = 5 : 4 Let Profit% = 5x and Discount% = 4x. Then, 4(100 + 5x) = 5(100 - 4x) 400 + 20x = 500 - 20x 40x = 100 x = 2.5 Profit% = 5x = 5 × 2.5 = 12.5% (Answer)