The marked price of an article is 25 percent more than its cost price. What maximum discount percentage can be offered on this article so that there is no loss?
Show answer & explanation
Correct answer: D
Explanation
Let the cost price of the item = ₹100
Marked price = 100 + 25% of 100 = ₹125
Required selling price = ₹100
Discount = 125 – 100 = ₹25
Discount percentage = (Discount / Marked price) × 100
= (25/125) × 100 = 20%