1.

The cost price of an article is Rs. 2,400 and it is marked at 25% above the cost price. Find the profit and the profit percent, if the article is sold at 15% discount.

Answer»

C.P. = ₹ 2,400

∴ Marked price = (2400(100 +25))/100

= 24 × 125

= ₹ 3000

 Discount = 15%

∴ S.P. = (3000 × (100 -15))/100 = 30 × 85 = ₹2550

∴ Profit = ₹ 2550 - ₹ 2400 = ₹150

Profit% = (150/2400) × 100 = 50/8 = 25/4 = 6. ¼%



Discussion

No Comment Found

Related InterviewSolutions