Question

A retailer bought a watch for Rs 2,500 and he labelled its price 20% above the cost price. If he allowed 10% discount to a costumer, find his profit percent?​

Answer 1

Step-by-step explanation:

we have CP=Rs.2500

now,Marked price MP=2500+20%of2500

=Rs3000

again, discount=10%

So Sp=3000-10%of3000

=Rs2700

so, profit%=(Sp-Cp)/Cp*100

=8% ans.