Profit and Loss Practice Test 5

Question : 38 of 40

Marks: +1, -0

A shopkeeper marks the prices at 15% higher than the original price. Due to increase in demand, he further increases the price by 10%. How much percentage profit will he get?

25
26.5
20
24.5

Validate

Solution:

\table \CP ,\MP ,\Increase \in \Marked \Price;100,100+15×100/100=115,115+115×10/100=126.5

Profit per cent

={126.5-100}/100×100=26.5%

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