Question

question

Answer 1

It's something I could answer when I'm fresh, but maybe someone else could answer.
@DARTHVADER2900
@YoungStudier

Answer 2

let marked price=100 x
discount=25 %
selling price=\[100~ x \times \frac{ 75 }{ 100 }=75~x\]
profit=20~%
cost price=\[75~x \times \frac{ 80 }{ 100 }=60 x\]
marked price up=\[\frac{ 40 x }{ 60x } \times 100=66.67 \]%

Answer 3

but the answer given is 60%

Answer 4

The normal price is \(p\), the cost is \(c\). \[
(1-0.25)p= (1+0.2)c
\]

Answer 5

Now I'm wondering, what is the difference between the profit and the markup?

Answer 6

Markup can be expressed as a fixed amount or as a percentage of the total cost or selling price