a) The marked price of an article was Rs. 2500 which as 25% above the cost price. If it was sold by allowing 16% discount, find the profit percent.
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Answer:
2500x25/100 =625
cp.=2500-625=1875
if it is sold by allowing 16%discount
2500x16/100=400
2500-400=2100
he had sold for 2100
p=sp- cp
and the profit is 2100-1875 =225
%of profit = p/cp x100
225/1875x100=12%
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