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

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

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% 

Read Description:

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.
 
Hence, his percentage is = 1560x100= 25%