SOLUTION: Articles are marked at a price which gives a profit of 25%.after allowing a certain discount ,the profit reduces to 12 1/2%.Find the discount per cent.

Question 1033933: Articles are marked at a price which gives a profit of 25%.after allowing a certain discount ,the profit reduces to 12 1/2%.Find the discount per cent.
Answer by jorel555(1290) (Show Source): You can put this solution on YOUR website!
Let's say the beginning cost of an article is n. The selling price gives a profit of 25%, or 1.25n; x be the price after the discount:
x(1.25n)=1.125n
x=1.125/1.25=.9
The price is now 9/10 of it's original selling cost, so the discount is 10%!!!!!!!!!!!
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