ABC26GN2587 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

An uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales?

Answer

Answer (as printed):

Explanation

Let C.P. $=₹ 100$. Then, marked price $=₹ 150$. $$\begin{aligned} & \text { S.P. }=75 \% \text { of ₹ } 150=₹ 112.50 . \\ & \therefore \quad \text { Gain } \%=12.50 \% \text {. } \end{aligned}$$

Explanation as extracted from the printed page; notation may be imperfect.

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