Question

A vendor marks goods 45% above the cost price and allows a discount of
40% during the sale. Find the profit percentage of the vendor.
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Answer 1

Answer:

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Answer 2

Answer:

5%

Step-by-step explanation:

Let C.P =100

Thus, M.P = 140

Discount = 25%

Then, S.P = M.P x 100 - 25/100

= 140 x 75/100 = 140 x 3 /4 =35 x 3 = 105

Profit = 105 - 100 = 5

Profit % = 5/100 x 100 = 5%