What will be the Profit? If

If the cost price of an item is two fifth of its marked price and if is sold at a discount of 10%, then there will be

  1. 25% profit
  2. 40% profit
  3. 50% profit
  4. 125% profit
Manish Listener Asked on 9th July 2015 in Maths.
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  • 1 Answer(s)

    Answer: (4) 125%
    Explanation:-
    Let be the market price = Rs.100
    Then, the cost price = 100 x 2/5 = Rs.40
    He gives 10% discount at the market price.
    Then, selling price = 100 – 100 x 10/100
    = 100 – 10 = Rs.90
    Profit = 90 – 40 = Rs.50
    % of profit = 50 x 100/40 = 125%
    Hence, the answer is (4) 125%.

    Anurag Mishra Professor Answered on 10th July 2015.
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