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      Question

      A shopkeeper buys an article for Rs. 800. If he sells it

      at its marked price, he earns a profit of 25%. If he gives a 10% discount on the marked price, then what will be his profit percentage on the cost price?
      A 12.5% Correct Answer Incorrect Answer
      B 25.5% Correct Answer Incorrect Answer
      C 32% Correct Answer Incorrect Answer
      D 45% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Cost Price (CP) = Rs. 800 Profit at marked price = 25% Marked Price (MP) = 800 Γ— 1.25 = Rs. 1,000 With 10% discount on MP: Selling Price (SP) = 1,000 Γ— 0.90 = Rs. 900 Profit = 900 βˆ’ 800 = Rs. 100 Profit % = (100 / 800) Γ— 100 = 12.5%

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