Question 59

An article bought at 20% discount is sold at 25% profit. What is the profit or loss compared with the original price?

Solution

if 20% discount is given on marked price then selling price = 80

since the profit% is 25%

100 == 80

125 == x

solving x = $$ 80 \times \frac{125}{100} = 100 $$

here original cost price and selling price are equal

hence no profit or loss

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