Practicing Success
A 25% profit is made when a discount of 25% is given on the marked price of an item. When the discount is 35%, what will be the profit? (Give your answer correct to the nearest whole number.) |
13% 8% 9% 11% |
8% |
A 25% profit is made when a discount of 25% is given on the marked price means, Let the marked price = 100 ATQ, the CP is = 100 × \(\frac{3}{4}\) × \(\frac{4}{5}\) = 60 When the discount is given 35% then SP = 100 - 35 = 65 Profit = (65 - 60) × \(\frac{100}{60}\) = 8% |