When a discount of #15%# is allowed on the marked price of a article,it is sold for #4250$# . If the marked price is #25%# above the cost price of the article. Calculate gain or loss percentage?

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Answer 1 · 2017-12-16T02:01:59

Gained by #6.25 %#.

[1] The marked price is
#4250/(1-0.15)=5000$#.

[2] The cost price is
#5000/(1+0.25)=4000$#.

So, the shop gained #4250-4000=250$# by selling this article.
The percentage of the benefit is #250/4000*100=6.25%#.