An online seller purchases a laptop at ₹40,000. He lists it at a 25% markup. Due to a festive sale, he gives a flat 10% discount on the listed price and offers free shipping costing him ₹500. What is the net profit or loss percentage?
Show answer & explanation
Correct answer: B
Explanation
Cost Price = ₹40,000
Marked Price = 40,000 + 25% = ₹50,000
Selling Price after discount = 50,000 × 90/100 = ₹45,000
Shipping Cost = ₹500
Total Cost = 40,000 + 500 = ₹40,500
Profit = 45,000 − 40,500 = ₹4,500
Profit % = (4,500 / 40,500) × 100 = 11.11%