# 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? ##### 1 Answer Dec 16, 2017 Gained by 6.25 %. #### Explanation: [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%.