Question
Cost price of an article is Rs. M and its marked price
is 300% more than cost price. If he wants to earn a profit of 100% then, what percent of discount should be offered on this particular article?Solution
Cost price of article = M Marked price = 4M For the profit of 100% selling price = 2M Let there should be d% discount 4M × (100-d)/100 = 2M 100-d = 50 d = 50%
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