📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    A bought an article at 12.5% less of the marked price

    and sold it at 5% more than the marked price. Find the profit earned by him.
    A 22% Correct Answer Incorrect Answer
    B 25% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 21% Correct Answer Incorrect Answer

    Solution

    Let the marked price be Rs. 100 ∴ C.P. = 100 - 12.5 = 87.5 And, S.P. = 100 + 5 = 105 Profit= 105 - 87.5 = 17.5 Profit % = 17.5/87.5 × 100 = 20%

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question