The marked price of an article is ₹625. After allowing a discount of 32% on the marked price, there was a profit of ₹25. The profit percentage (correct to the nearest integer) is :
Answer & explanation
Correct answer: option 3
Marked price = ₹625
After allowing a discount of 32% on the marked price the selling price = 68% of 625 = 425
Profit= 25
Then the profit percentage= \(\frac{25}{(425 - 25)}\) × 100= 6%