Question

the cost price of an article is rupees 2,400 it is marked as 25% above the cost price find the profit and profit percent if the article is sold at 15% discount​

Answer 1

Answer:

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%