Question

    A marked an article 45% above the cost price and sold it

    for Rs. 1885 after giving a discount of 35%. Find the percentage profit earned by him if he sells the article for Rs. 2500.
    A 20% Correct Answer Incorrect Answer
    B 22% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 28% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 1885/0.65 = Rs. 2900 Cost price of the article = 2900/1.45 = Rs. 2000 Desired Profit percentage = [(2500 – 2000)/2000] × 100 = 25%

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