Question
A man bought an article at 25% 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 ∴ cost price = 100 -25 = 75 And, selling price = 100 + 15 = 115 Profit = 115 -75 = 40 Profit % = 40/75 x 100 = 53.3%
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