Question
A trader bought an article for Rs. 900 and marked it 20%
above of its cost price. If he sold it after giving a discount of Rs. 45 then find the profit percent earned by him.Solution
Marked price of the article = 900 × 1.25 = Rs. 1080 Selling price = 1080 – 45 = Rs. 1035 Profit percentage = [(1035 – 900)/900] × 100 = 15%
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