f) The marked price of a radio is 25 % above the selling price and the cost pr
30 % less than its marked price. Find the discount percent and gain percent.

Respuesta :

Answer:

See explanation below.

Step-by-step explanation:

Let's say, [tex]x[/tex] represents the sale price of radio.

Then the marked price of the radio is [tex]1.25x[/tex]

The cost price of the radio is [tex](1.25x)(0.70)[/tex]

The discount is simply 25% because the radio is being sold at 25% less then the marked price.

The gain percent is given as:

[tex]\frac{x-1.25x\times \:0.70}{x}\times 100\\\\=12.5\%[/tex]

The radio is being sold at 12.5% gain.

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