Profit and Loss Practice Test 4

Question : 21 of 40

Marks: +1, -0

An uneducated retailer marks his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales?

5%
10.5%
12.5%
15%

Validate

Solution:

Let C.P. = Rs. 100; then marked price = Rs. 150
S.P. =

75/100 ×150

= Rs. 112.5
Hence, actual profit% = 112.5 – 100 = 12.5%

Go to Question:

Prev Question

Next Question