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      Question

      A shopkeeper buys an item for Rs 800 and marks it at Rs

      1000. He gives a discount of 10% on the marked price. Find his profit percentage.
      A 15% Correct Answer Incorrect Answer
      B 17.5% Correct Answer Incorrect Answer
      C 12.5% Correct Answer Incorrect Answer
      D 20% Correct Answer Incorrect Answer

      Solution

      ATQ, Selling price = 1000 βˆ’ 10% of 1000 = 1000 βˆ’ 100 = 900 Profit = 900 βˆ’ 800 = 100 Profit% = (100/800) Γ— 100 = 12.5%

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