The marked price of a calculator is Rs, 1200. It is sold at a discount of 25 percent. If the cost price of the calculator is Rs. 800, then what is the value of profit?
Answer & explanation
Correct answer: option 1
Marked price of a calculator is Rs, 1200
Discount = 25%
CP = 800
Selling price = 75% of the marked price
Selling price = 75% of 1200 = 900
Profit = 900 - 800 = 100