Question
An item is listed at 50% above its cost price and sold at
10% discount. What is the seller’s profit percentage?Solution
ATQ,
Let the cost price of the item be Rs. 100x.
So, marked price of the item = 100x × 1.5 = Rs. 150x
Selling price after discount = 150x × 0.9 = Rs. 135x
Gain made by seller = 135x - 100x = Rs. 35x
Gain percentage = {(135x - 100x) / 100x} × 100 = 35%
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