A tradesman marks his goods at 25% above the cost price and allows purchasers a discount of $\frac{25}{2} \%$, his profit is:
A. 8% B. 8.5% C. 8.625% D. 9.375% Answer: Option DShow Answer
Solution(By Apex Team)
Let his CP = Rs. 100.
Marked Price = 100 + 25% of 100 = 125.
Now, discount = $\frac{25}{2} \%$ on MP
So, SP = 125- $\frac{25}{2} \%$ of 125 = Rs. 109.375.
%Gain = 9.375%.
Alternate method:
100(CP) == 25% Up ⇒ 125(MP) == 12.5%down ⇒ 109.375
%Profit = 9.375%
Related Questions on Profit and Loss
A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:
A. 45 : 56B. 45 : 51
C. 47 : 56
D. 47 : 51
By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:
A. Rs. 2600B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:
A. A neither losses nor gainsB. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was.
A. Rs. 3,750B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250