Question 88

The marked price of an article is Rs 1200 and retailer gets a discount of 25%. If he sells that article for Rs 1200, then what is the proﬁt percentage of retailer?

Solution

Marked price = Rs. 1200 and discount % = 25%

=> Cost price for the retailer = $$1200-(\frac{25}{100}\times1200)$$

= $$1200-300=Rs.$$ $$900$$

Now, selling price = Rs. 1200

=> Profit % = $$\frac{(1200-900)}{900}\times100$$

= $$\frac{300}{9}=33.33\%$$

=> Ans - (A)

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