Math Problem Statement

if the discount given is equal to 25 percent of the selling price and the sale gives the trader a rfit of 50/3 percent when calculated on his selling price by what percent did he mark up the cost price before offering the discount

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage
Profit Calculation
Cost Price
Selling Price

Formulas

Markup Percentage Formula

Theorems

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Suitable Grade Level

High School