Question

Reshma bought a handbag for rupees 2500. Later she marked up its price by 15% and she sold it at a discount of 6%. What is percentage profit earned by Reshma on this transaction​

Answer 1

Answer:

9%

Step-by-step explanation:

cost of handbag= 2500 rs                                                           (cost price or cp)

price increase in percentage= 15%

price increase in rs= 15/100 * 2500 = 375 rs

cost of handbag after increase= 2500+375 rs=2875 rs        (selling price or sp)

percentage of discount= 6%

discount in rs= 6/100 * 2500 = 150 rs

cost at which handbag is sold after discount= 2875-150 = 2725 rs               (sp)

profit in rs= sp-cp = 2725-2500= 225

profit in percentage= increase/original * 100 = 225/2500*100= 9%