If a discount of 10% is allowed on the marked price of an article, a shopkeeper gets a profit of 25%. if he offers a discount of 25% on the marked price of the same article.What will be his percentage profit/loss?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 4(1/6)% profit
| Application |
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The marked price of an article = Rs 100 Discount = 10% Percentage selling price = 90% of Rs 100 = 90 Profit = 25% CP = 90 × (100/125) = Rs 72 Now if the discount is 25% then SP = 75% of 100 = Rs 75 Required profit % = (75 - 72)/72 × 100 = 25/6 = 4(1/6) |