The MRP of an article is Rs.1750 and the cost price of the article is 40% of its marked price. If x% of the discount offered on the marked price of the article, then the profit percent would be 75%. Find the value of x?
ATQ, Marked price = 1750 Cost price = 40% 0f 1750 = 700 Selling price after giving x% discount = 1750 × (100-x)/100 Selling price according to another sentence = 175% of cost price = 175/100 × 700 = 1225 Selling price in both the conditions will remains the same- 1750 × (100-x)/100 = 1225 100-x = 12250/175 100-x = 70 X = 30%
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