Marked price is 1.45 times of cost price. Selling price is Rs1500. The profit is 25%. Find the discount percentage.(a) 14%(b) 15%(c) 16%

Question

Marked price is 1.45 times of cost price. Selling price is Rs1500. The profit is 25%. Find the discount percentage.(a) 14%(b) 15%(c) 16%
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Solution 1

Sure, let's solve this step by step:

Step 1: Given that the profit is 25%, we can find the cost price. Since the selling price is Rs 1500 and this is 125% of the cost price (100% cost price + 25% profit), we can set up the equation:

1.25(Cost Price) = Rs 1500

Solving for Cost Price gives us Rs 12 Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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