Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

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?

Options:

10%

12.5%

25%

37.5%

Correct Answer:

12.5%

Explanation:

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%