A trader marks his goods 25% above cost price and allows a discount of 10%. What is his profit percentage?
A10%
B12.5%
C15%
D17.5%
Explanation
Let CP = 100. MP = 125. SP = 125 – (10% of 125) = 125 – 12.5 = 112.5. Profit % = 112.5 – 100 = 12.5%.
Exam Relevance
- Topic: Profit and Loss
- Subtopic: Marked Price and Discount

No Comments