Question
A retailer added a 25% markup to the cost price of an
item and then offered a 10% discount on the marked price before selling it for Rs. 270. Calculate the profit the retailer made on the sale.Solution
Marked price of article = 270/0.9 = Rs. 300 Cost price of article = 300/1.25 = Rs. 240 Profit earned = 270 - 240 = Rs. 30 Hence, option b.
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