Question

The cost price of the article is 2400 and marked at 25 % above the cp find the profit and the profit percent if the cp = 2400 mp =25 %​

Answer 1

Marked price will be =C.P.+25 % of C.P.=
100
125
​
×C.P.=
100
125
​
×2,400=Rs3,000

And Discount =15 % of Marked Price =
100
15
​
×3,000=Rs450

And Selling price will be = Marked Price − Discount =Rs3,000−Rs450=Rs2550

Now, Gain =S.P.−C,P,=Rs2550−Rs2400=Rs150
Gain % =
C.P.
S.P.−C.P.
​
×100=
2400
2550−2400
​
×100=6.25 %