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    Question

    A shopkeeper marks the price of an article 25% above

    its cost price and then allows a discount of 10% on the marked price. What is his profit percentage?
    A 12.5% Correct Answer Incorrect Answer
    B 18.5% Correct Answer Incorrect Answer
    C 15.3% Correct Answer Incorrect Answer
    D 33.33% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let cost price (CP) = тВ╣100 Marked price (MP) = 100 + 25% of 100 = 100 + 25 = тВ╣125 Selling price (SP) after 10% discount: = 125 тИТ 10% of 125 = 125 тИТ 12.5 = тВ╣112.5 Profit = SP тИТ CP = 112.5 тИТ 100 = 12.5 Profit % = (12.5 / 100) ├Ч 100 = 12.5%

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