Q. If after successive discounts of 20% and 25/4% on the marked price of an article, a trader gets 20% profit on the cost price,then by what percent is the marked price above the cost price?

• Let the market price be RS 100. Then after first discount S.P becomes 80 and after another discount it becomes Rs. 75.
  
  so S.P = 75. now with this S.P he has made a profit of 20% and hence the
  
  C.P = (75/120)*100 = 62.5
  
  so percentage change with respect to market price is = (37.5/62.5)*100
  
  giving 60%
• 13 years agoHelpfull: Yes(12) No(0)
• 80/100*375/400*MP=120/100*CP
  Mp=160/100*CP
  that is MP is 60% above the CP
• 13 years agoHelpfull: Yes(2) No(3)