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      Question

      A man bought an article at 12% less of the marked

      price and sold it at 10% more than the marked price. Find the profit earned by him.
      A 15% Correct Answer Incorrect Answer
      B 25% Correct Answer Incorrect Answer
      C 20% Correct Answer Incorrect Answer
      D 16.3% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let the marked price be Rs. 100
      ∴ cost price = 100 - 12 = 88
      And, selling price = 100 + 10 = 110
      Profit = 110 - 88 = 22
      Profit % = 22/88 x 100 = 25%

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