Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

The marked price of an article is 25% more than its cost price. If 10% discount is given on the marked price, then what is the profit percentage?

Options:

12%

11.5%

10%

12.5%

Correct Answer:

12.5%

Explanation:

Let the cost price of the article = 100

Markup = 25%

Then the marked price = 125

Discount offered = 10%

Then the selling price of the article = 90% of 125 = 112.5

Profit% = (112.5 - 100) × \(\frac{100}{100}\) = 12.5%