Question

A retailer buys product from a shopkeeper at discount of 40% on the list price (marked price) and sells them to the customer at a discount of 25% on the list price.What is his profit percentage ?
A) 10%
B) 15%
C) 20%
D) 25%

Answer 1

Q:

A retailer buys product from a shopkeeper at discount of 40% on the list price (marked price) and sells them to the customer at a discount of 25% on the list price.What is his profit percentage ?

A) 10%B) 15%C) 20%D) 25%

Answer:   D) 25% 

Explanation:

Let the list price be Rs.100. 

 

Therefore, the retailer is buying the products at Rs.60 and selling it to the customer at Rs.75, earning a profit of Rs.15.

 

Therefore, his percentage is = 1560x100 = 25%

Answer 2

Answer:

Profit percentage = $25\%$

Step-by-step explanation:

Let the list price of the product be Rs 100.

Retailer buys product from a shopkeeper at discount of 40% on the list price (marked price).

So, He got that product at $100\times \frac{60}{100} =Rs\ 60$

He sells the product to the customer at a discount of 25% on the list price.

$\therefore 100\times \frac{75}{100} = Rs\ 75$

Profit percentage = $\frac{75-60}{60} \times 100$

Profit percentage = $\frac{15}{60} \times 100$

Profit percentage = $\frac{1}{4} \times 100$

Profit percentage = $25\%$

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