The cost price of an article is rupee 1125,which is 25% below the marked price. If the article is sold at a discount of 15%,find: profit precentange
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Answer:
P% = 6.25%
Step-by-step explanation:
CP : Rs. 1125
D% = 15%
MP = 25% above the CP
MP =
MP = 1125 + 281.25
MP = Rs. 1406.25
SP = MP ( 100 - D%)/100
SP = 1406.25*( 100 - 15%)/100
SP = 1406.25 * (85)/100
SP = 1406.25 * 0.85
SP = Rs. 1195.3125
P = Rs. 1195.3125 - Rs. 1125
P = Rs 70.3125
P% = P/CP * 100
P% = 70.3125/1125 * 100
P% = 0.0625 *100
P% = 6.25%
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