Solution: How much discount was given to the customer?

The selling price of TV set is double that of its cost. If the TV set was sold to a customer at a profit of 25% of the net cost, how much discount was given to the customer?

How much discount was given to the customer?

Problem Statement:

The selling price of TV set is double that of its cost. If the TV set was sold to a customer at a profit of 25% of the net cost, how much discount was given to the customer?

Problem Answer:

The discount that was given to the customer is 37.5 percent.

Solution:

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