Question

The cost of an artical is increased by 15 % and then 5 % discount is given on it what is the profit percentage

Answer 1

Answer: 9.25%

Step-by-step explanation:

Let the cost of article be x.

Price after 15% increase = x + x*15/100 = 1.15x.

After discount of 5% on increased price = 1.15 x - 1.15x(5/100)

                                                                   = 1.0925x.

so the profit on the article = 1.0925x - 1x  = 0.0925x

Profit percentage = 9.25%