Given:
The marked price of an article is 25% more than its cost price.
A scheme discount of 40% is given.
Formula used:
Solution:
Let the cost price (CP) be ₹ 100.
Marked Price (MP) = CP + 25% of CP = 100+ 25% of 100 = 100 + 25 = 125
Discount = 40% of MP = 40% of 125 = 0.40 125 = ₹50
Selling Price (SP) = MP – Discount =125-50 = ₹ 75
Loss = CP – SP = 100-75 = ₹ 25
∴ Loss Percentage = × 100 = 25 %
English
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