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    Question

    A man 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.
    A 25% Correct Answer Incorrect Answer
    B 27.5% Correct Answer Incorrect Answer
    C 26.25% Correct Answer Incorrect Answer
    D 26.3% Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100
    ∴ cost price = 100 - 8 = 92
    And, selling price = 100 + 15 = 115
    Profit = 115 - 92 = 23
    Profit % = 23/92 x 100 = 25%

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