Question

Cost price of an article is Rs.2 400 and it is marked at 25 above the cost price if the profit and profit percent if the article is sold at 15% discount

Answer 1

Since Mark price is 25% above Cost prices so MP of the article will be =1.25*2400
=Rs 3000
Now since the article is sold at 15% discount so the Selling price will be 3000*.85=Rs 2550



Now profit =, Sp-Cp
2550-2400
=150
Profit%=(150/2400)*100
6.25%