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?
    A 12.5% Correct Answer Incorrect Answer
    B 16.5% Correct Answer Incorrect Answer
    C 28.8% Correct Answer Incorrect Answer
    D 32.5% Correct Answer Incorrect Answer

    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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