Practicing Success
A trader marked up his articles 25% more than the cost price. If he offered a discount of 10%, then what will be his profit percentage? |
10% 12.5% 25% 37.5% |
12.5% |
A trader marked up = 25% more than the cost price. Discount = 10% Let the cost price be 100. Mark price = 100 × 125% = 125 Selling price = 125 × 90% = 112.5 Profit% = \(\frac{12.5}{100}\) × 100 = 12.5% |