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Q.

Articles are marked at a price which gives a profit of 25%. After allowing a certain discount the profit reduces to $12 \frac{1}{2} %$ The discount percent is

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a

$12 \frac{1}{2} %$

b

$10 %$

c

$12 %$

d

$11.1 %$

answer is B.

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Detailed Solution

Cost price $= 100 x$

$\Rightarrow$ Marked price $= 125 x$

After allowing some discount Selling price $= 112.5 x$

$∴$ Discount(%) $= \frac{12.5 x}{125 x} \times 100 = 10 %$

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Articles are marked at a price which gives a profit of 25%. After allowing a certain discount the profit reduces to 1212% The discount percent is