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The marked price of an article is twice the cost price. For a gain of 10%, what should be the discount percentage?
- a)45
- b)55
- c)50
- d)60
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
The marked price of an article is twice the cost price. For a gain of ...
Let the CP of an article be x
MP of article be 2x
Gain % = (SP - CP)/CP × 100
10 = (SP - x)/x × 100
SP = 1.1x
Discount % = (MP - SP)/MP × 100 = 0.9x/2x × 100 = 45%
MP of article be 2x
Gain % = (SP - CP)/CP × 100
10 = (SP - x)/x × 100
SP = 1.1x
Discount % = (MP - SP)/MP × 100 = 0.9x/2x × 100 = 45%
Most Upvoted Answer
The marked price of an article is twice the cost price. For a gain of ...
Given:
Marked price = 2 * Cost price
Gain = 10%
To find:
Discount percentage
Solution:
Let the cost price of the article be Rs. 100.
Then, the marked price will be Rs. 200.
A 10% gain on the cost price of Rs. 100 is Rs. 10.
So, the selling price of the article will be Rs. 110.
Now, let's assume a discount of x% is given on the marked price of Rs. 200.
So, the selling price after discount will be (200 - x)% of 200 = (200 - x)/100 * 200.
Since we want the selling price after discount to be Rs. 110, we can equate the two:
(200 - x)/100 * 200 = 110
Simplifying this equation, we get:
x = 45.
Therefore, the discount percentage required to get a gain of 10% when the marked price is twice the cost price is 45%.
Marked price = 2 * Cost price
Gain = 10%
To find:
Discount percentage
Solution:
Let the cost price of the article be Rs. 100.
Then, the marked price will be Rs. 200.
A 10% gain on the cost price of Rs. 100 is Rs. 10.
So, the selling price of the article will be Rs. 110.
Now, let's assume a discount of x% is given on the marked price of Rs. 200.
So, the selling price after discount will be (200 - x)% of 200 = (200 - x)/100 * 200.
Since we want the selling price after discount to be Rs. 110, we can equate the two:
(200 - x)/100 * 200 = 110
Simplifying this equation, we get:
x = 45.
Therefore, the discount percentage required to get a gain of 10% when the marked price is twice the cost price is 45%.
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Community Answer
The marked price of an article is twice the cost price. For a gain of ...
Let the CP of an article be x
MP of article be 2x
Gain % = (SP - CP)/CP × 100
10 = (SP - x)/x × 100
SP = 1.1x
Discount % = (MP - SP)/MP × 100 = 0.9x/2x × 100 = 45%
MP of article be 2x
Gain % = (SP - CP)/CP × 100
10 = (SP - x)/x × 100
SP = 1.1x
Discount % = (MP - SP)/MP × 100 = 0.9x/2x × 100 = 45%
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The marked price of an article is twice the cost price. For a gain of 10%, what should be the discount percentage?a)45b)55c)50d)60Correct answer is option 'A'. Can you explain this answer?
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The marked price of an article is twice the cost price. For a gain of 10%, what should be the discount percentage?a)45b)55c)50d)60Correct answer is option 'A'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about The marked price of an article is twice the cost price. For a gain of 10%, what should be the discount percentage?a)45b)55c)50d)60Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The marked price of an article is twice the cost price. For a gain of 10%, what should be the discount percentage?a)45b)55c)50d)60Correct answer is option 'A'. Can you explain this answer?.
The marked price of an article is twice the cost price. For a gain of 10%, what should be the discount percentage?a)45b)55c)50d)60Correct answer is option 'A'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about The marked price of an article is twice the cost price. For a gain of 10%, what should be the discount percentage?a)45b)55c)50d)60Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The marked price of an article is twice the cost price. For a gain of 10%, what should be the discount percentage?a)45b)55c)50d)60Correct answer is option 'A'. Can you explain this answer?.
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