Question discussion

A shopkeeper marks his goods 25% above the cost price and allows a discount of 12% on the marked price. What is his profit percentage?

A shopkeeper marks his goods 25% above the cost price and allows a discount of 12% on the marked price. What is his profit percentage?

  • A10%
  • B12%
  • C13%
  • D15%
Correct answer: A

Explanation

SP = 1.25 × 0.88 = 1.10 of CP, so the profit is 10%.

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