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    Question

    A man bought an article at 25% less of the marked

    price and sold it at 20% more than the marked price. Find the profit earned by him.
    A 65% Correct Answer Incorrect Answer
    B 60% Correct Answer Incorrect Answer
    C 66.25% Correct Answer Incorrect Answer
    D 66.3% Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100
    ∴ cost price = 100 - 25 = 75
    And, selling price = 100 + 20 = 120
    Profit = 120 - 75 = 45
    Profit % = 45/75 x 100 = 60%

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