Practicing Success
The marked price of an article is ₹480. A person buys it at two successive discounts of 15% and 10%. He sells it at a profit of 25%, What is his profit (in ₹)? |
95.40 90.60 91.80 93.20 |
91.80 |
Marked price = 480 Discounts successive = 15% and 10% Profit he wants = 25% Cost price for him = 480 × \(\frac{85}{100}\) × \(\frac{90}{100}\) = 367.2 Now 25% profit = 25% of 367.2 = 91.80 |