Question
A bought an article at 8% less of the marked price and
sold it at 15% more than the marked price. Find the profit earned by him.Solution
Let the marked price be Rs. 100 ∴ C.P. = 100 - 8 = 92 And, S.P. = 100 + 15 = 115 Profit= 115 - 92 = 23 Profit % = 23/92 × 100 = 25%
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