Question

'P' increases the price of a shirt by 20%. If he reduces the discount percentage from 15% to 10%, his profit rises by Rs. 2400. Determine the profit or loss 'P' would incur if he offers a 25% discount on the marked price. Note: Break-even implies neither profit nor loss.

A Rs.12000 loss
B Rs.5000 profit
C Rs.4000 loss
D Rs.2200 profit
E None of these
Practice Next

Hey! Ask a query