Question
The marked price of an article is 150 percent of its cost
price. If 25% discount is given at the time of selling the article, then what will be the profit percentage?Solution
ATQ,
Let the cost price of the article be Rs. '100x'
Marked price of the article = '100x' X 1.5 = Rs. '150x'
Selling price of the article = '150x' X 0.75 = Rs. '112.5x'
Profit earned on selling the article = '112.5x' - '100x' = Rs. '12.5x'
Required profit percentage = {(12.5x/100x) X 100} = 12.5%
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