Question
A trader bought an article for Rs. 2500 and marked it
25% above of its cost price. If he sold it after giving a discount of Rs. 125 then find the profit percent earned by him.Solution
Marked price of the article = 2500 × 1.25 = Rs. 3125 Selling price = 3125 – 125 = Rs. 3000 Profit percentage = [(3000 – 2500)/2500] × 100 = 20%
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