An article costs Rs. 80 to the vendor. If he marks the article for 50% more than the cost price and sells it 25% less than the marked price, what is his gain percentage ?
Cost Price of the article = 80 Rs.Â
Marked Price = 80 x 1.5 = 120
Selling Price = 120 x .75 = 90
Profit = 10 Rs
Profit % = 10/80 = 12.5%
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