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The cost price of a bat is 75% of the marked price. Calculate the gain percentage after allowing a discount of 15%.
Question

The cost price of a bat is 75% of the marked price. Calculate the gain percentage after allowing a discount of 15%.

A.

25.6%

B.

13.33%

C.

18.16%

D.

21.33%

Correct option is B

Given:

The cost price of a bat is 75% of the marked price.
Discount % = 15%
Formula Used:
Selling price = Marked Price - Discount
Profit = Selling Price - Cost Price
Profit %=ProfitCost Price×100\text{Profit \%} = \frac{\text{Profit}}{\text{Cost Price}} \times 100​​
Solution:
Let the marked price be = 100
So, the cost price = 100 × 75100\frac{75}{100}​ = 75

Selling price = 100 - 100 × 15100=85\frac{15}{100} = 85​​
Profit = 85 - 75 = 10
Profit percentage = 1075\frac{10}{75}​ × 100
∴The profit percent is 13.33%

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