Q.

A person gives 25% discount and still gains 20%. How much percent above the M.P is on the C.P.

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a

45%

b

18%

c

25%

d

60%

answer is B.

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Detailed Solution

LetCP=100MP=100+x25%  disocunt  SP=(100+x)×75100getting  20% profit means(100+x)75100=120x=60MP=100+60=160CP=100,                     MP=160160100=6060100×100%=60%

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