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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
Submitted by: mcqstutor Team More Mathematics MCQs →

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