Question
A shopkeeper sold an article at marked price and got a
profit of 25%. If he had given a discount of 5%, then find his new profit percent.Solution
ATQ, Let the cost price of the product be Rs. 100 Then, marked price = selling price = 100 × 1.25 = Rs. 125 If he allows a discount of 5%, then new selling price = 0.95 × 125 = Rs. 118.75 New Profit = (118.75 – 100) = Rs. 18.75 So, required profit percentage = 18.75%
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