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.
    A 155% Correct Answer Incorrect Answer
    B 125% Correct Answer Incorrect Answer
    C 145% Correct Answer Incorrect Answer
    D 140% Correct Answer Incorrect Answer

    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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