A shopkeeper marks his goods 50% more than the cost price and allows a discount of 25%. His profit or loss percentage is:
A) 37.5% B) 25.5% C) 12.5% D) 25%
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Answer: (c)
step by step explanation:
Let C.P. of article be Rs. 100.
∴ Marked price = Rs. 150
discount = 25%
S.P. of article =
∴ Profit = S.P. of article - C.P. of article = Rs. (112.5 – 100) = Rs. 12.5
∴ Profit percent =
Profit percent =
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