A trader sold an article at a discount of 8% for GH¢828.If the article was initially marked to gain 25%. Find the
(i) cost price of the article
(ii) discount allowed
Sold at a discount of 8% results in: , with P being the price before discount.
You should get: P = 900
With the MARKED price being 900, and with the marked price set to gain 25%, we get: , with C being the cost price
Solving for C, you should get a
You have the MARKED price and the sale price, so you should be able to calculate the discount.