the selling price of an article is 20% less than its marked price and cost price of the same article is 20% less than its selling price.by what percentage above cost price is the marked price of the atricle fixed?

• let marked price =100
  then selling price is 20% less then of marked price = 100 - 100 * (20/100) = 80
  cost price is less then 20% of selling price = 80 - 80 * (20/100) = 64
  100 is x% of 64
  64 * (x/100)= 100
  => x = (100 *100) /64 = 156.25
  so marked price is = 156.25 -100 = 56.25 % above then cost price.
• 7 years agoHelpfull: Yes(13) No(0)
• let sp=100,
  then cp will be cp=80,
  and for sp it must be 20% less then mp,
  hence mp=125,
  so
  cp------sp------mp
  80 100 125
  
  now percentage above cost price=
  (sp-cp)/cp *100=
  125-85/100=45/80*100=56.25(ans)
• 7 years agoHelpfull: Yes(9) No(0)
• let MP=100
  then SP=80 (20%less)
  CP=64 (20% less then CP)
  100/64*100=131.25%
  hence MP is 31.25% above CP
• 7 years agoHelpfull: Yes(7) No(11)
• Let MP=100
  sp is 20% less than MP so sp=80
  Cp 20% less than SP so CP=64
  (100-64/64)*100=(36/64)*100=56.25
• 7 years agoHelpfull: Yes(2) No(0)
• let marked price is 100% then selling price is 80%
  hence cost price of the article is 60%.
  then percentage above cost price to the marked price is 40%
• 7 years agoHelpfull: Yes(1) No(4)
• Cp=80%of sp
  Cp/sp=80/100=4/5
  Condition 2nd implies
  Sp=80%of mp
  Sp/mp=4/5
  To make sp ratio same we can get the
  relationship between mp and cp
  i.e cp:sp:mp=16:20:25
  Compute it and find the answer
• 7 years agoHelpfull: Yes(0) No(0)
• let MP=100
  THEN SP= 80
  THEN CP= 64
  
  therefore
  precentage above cost = (100/64)*100 - 100
  = 156.25-100
  =56.25% (answer)
• 7 years agoHelpfull: Yes(0) No(1)
• 56.25%
  m.r.p=y
  s.p=0.8 y
  c.p=0.64 y
  percentage=(1.0-0.64)/0.64
• 7 years agoHelpfull: Yes(0) No(0)