Question

    A marked an article 55% above the cost price and sold it

    for Rs. 775 after giving a discount of 50%. Find the percentage profit earned by him if he sells the article for Rs. 1250.
    A 20% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 22% Correct Answer Incorrect Answer
    D 28% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Marked price of the article = 775/0.5 = Rs. 1550 Cost price of the article = 1550/1.55 = Rs. 1000 Desired Profit percentage = [(1250 – 1000)/1000] × 100 = 25%

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