Practicing Success
When an article sold at its marked price, it gives a profit of 25%. If a discount of 9.6% is allowed on the marked price, then the profit percent will be: |
16.6 13 15.4 15 |
13 |
25% = \(\frac{1}{4}\) CP = 4 unit MP = 5 unit SP = 5 × \(\frac{90.4}{100}\) = 4.52 unit Profit percentage = \(\frac{(4.52 - 4)}{4}\) × 100 = 13% |