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On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.
- a)50%
- b)40%
- c)66.66%
- d)60%
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
On selling an article at successive discounts of 20% and 25% a dealer ...
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 
Most Upvoted Answer
On selling an article at successive discounts of 20% and 25% a dealer ...
Given:
Successive discounts of 20% and 25%
Net profit = 20%
To find:
Net profit percentage when sold at a discount of 25%
Solution:
Let the marked price of the article be Rs. 100.
After 20% discount, the selling price becomes Rs. 80.
After 25% discount on Rs. 80, the selling price becomes Rs. 60.
Let the cost price of the article be Rs. x.
The selling price of the article with a net profit of 20% is given by:
1.2x
According to the question,
1.2x = 60
x = 50
Therefore, the cost price of the article is Rs. 50.
When the article is sold at a discount of 25%, the selling price becomes Rs. 75.
Net profit = Selling price - Cost price
Net profit = 75 - 50 = 25
Net profit percentage = (Net profit/Cost price) x 100
Net profit percentage = (25/50) x 100 = 50%
Hence, the net profit percentage when the article is sold at a discount of 25% is 50%.
Successive discounts of 20% and 25%
Net profit = 20%
To find:
Net profit percentage when sold at a discount of 25%
Solution:
Let the marked price of the article be Rs. 100.
After 20% discount, the selling price becomes Rs. 80.
After 25% discount on Rs. 80, the selling price becomes Rs. 60.
Let the cost price of the article be Rs. x.
The selling price of the article with a net profit of 20% is given by:
1.2x
According to the question,
1.2x = 60
x = 50
Therefore, the cost price of the article is Rs. 50.
When the article is sold at a discount of 25%, the selling price becomes Rs. 75.
Net profit = Selling price - Cost price
Net profit = 75 - 50 = 25
Net profit percentage = (Net profit/Cost price) x 100
Net profit percentage = (25/50) x 100 = 50%
Hence, the net profit percentage when the article is sold at a discount of 25% is 50%.
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Community Answer
On selling an article at successive discounts of 20% and 25% a dealer ...
Simple, let C.P = 100
successive discount= -20-25+25×20/100=-40%
But still profit of 20%.
so, S.P= 120×100/60=200Rs.
But after 25% Discount S.P- 200×75/100=150
profit% = 150-100= 50%
successive discount= -20-25+25×20/100=-40%
But still profit of 20%.
so, S.P= 120×100/60=200Rs.
But after 25% Discount S.P- 200×75/100=150
profit% = 150-100= 50%
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On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer?
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On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer?.
On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer?.
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On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer?, a detailed solution for On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of On selling an article at successive discounts of 20% and 25% a dealer marks a net profit of 20%. Find the net profit per cent, if the dealer sells the same article at a discount of 25%.a)50%b)40%c)66.66%d)60%Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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