The cost price of a bat is 75% of the marked price. Calculate the gain percentage after allowing a discount of 15%.

Options
a) 18.61%
b) 25.6%
c) 21.33%
d) 13.33%

Solution

As per question
Discount = 15%
SP = MP -D
P = SP – CP
P% = $ \frac{P}{CP} \times 100 $
Let the MP = 100
CP = $ \frac{100 \times 75}{100}$ = 75
SP = $ 100 – \frac{100 \times 15}{100}$ = 85
P = 85 – 75 = 10
P% = $ \frac{10}{75} \times 100 $ = 13.33%

Answer: d) 13.33%