Question

the cost price of an article is rupees 2400 and is marked at 25% above the cost price find the profit in the 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%

Answer 2

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%

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