Practicing Success
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? |
12% 11.5% 10% 12.5% |
12.5% |
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% |