Question
A bought an article at 20% less of the marked price and
sold it at 25% more than the marked price. Find the profit earned by him.Solution
Let the marked price be Rs. 100 ∴ C.P. = 100 - 20 = 80 And, S.P. = 100 + 25 = 125 Profit= 125 - 80 = 45 Profit % = 45/80 × 100 = 56.25%
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