Profit and Loss Practice Test 6

Question : 12 of 40

Marks: +1, -0

A dealer marks his goods at 25% above the cost price and allows a discount of 10% for cash payment. His profit per cent is:

Solution:

\table \CP ,\MP ,\SP \after \discount;100,100+25/100×100,125-125×10/100;,125,112.5

Profit per cent

={SP-CP}/{CP}×100

={112.5-100}/100×100=12.5%

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