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 ?
Answers
Answered by
0
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 = 15/60x100= 25%
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 = 15/60x100= 25%
Answered by
1
12
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%
Similar questions
Math,
6 months ago
English,
6 months ago
Science,
6 months ago
Political Science,
1 year ago
Political Science,
1 year ago
Art,
1 year ago
Math,
1 year ago