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% =
Let the MP = 100
CP =
SP =
P = 85 – 75 = 10
P% =
Answer: d) 13.33%