A) 50%
B) 40%
C) 66.66%
D) 60%
Correct Answer: A
Solution :
Let the cost price and marked price of the article be x and y, respectively. Case I Successive discounts of 20% and 25% Selling price of the article of (0.8) (0.75) y = 0.6y Therefore, 0.6y = 1.2x or y = 2x Case II A single discount of 25% Selling price of article = 0.75y= 1.5 x Net profit per cent \[=\left[ \frac{(1.5x-x)}{(x)} \right]\times 100=50%\]You need to login to perform this action.
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