Question
A man bought an article at 40% less of the marked
price and sold it at 35% more than the marked price. Find the profit earned by him.Solution
Let the marked price be Rs. 100
∴ cost price = 100 - 40 = 60
And, selling price = 100 + 35 = 135
Profit = 135 - 60 = 75
Profit % = 75/60 x 100 = 125%
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