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The marked price of an article is 25% more than its cost price. If 10% discount is given on the marked price. then what is the profit percentage ?1. 12.5%2. 11.5%3. 12%4. 10% |
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Answer» Correct Answer - Option 1 : 12.5% Calculation: Let the cost price of the article be Rs.100 Then, the marked price of the article = 100 × (125/100) = Rs.125 Discount of 10% given on marked price Selling price of the article = 125 × (90/100) = Rs.112.5 Profit percentage = (SP – CP/CP) × 100 ∴ Profit percentage = {(112.5 – 100)/100} × 100 = 12.5% |
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