A retailer getting a discount of on the marked price sells an article at the marked price. The percentage of profit of the retailer is:
- A10
- B20
- C25
- D30
Solution & Step-by-step Explanation
Let the Marked Price () of the article be .
The retailer buys it at a discount, so the Cost Price () for the retailer is:
The retailer sells it at the marked price, so the Selling Price () is:
Profit earned by the retailer:
Profit percentage:
The retailer buys it at a discount, so the Cost Price () for the retailer is:
The retailer sells it at the marked price, so the Selling Price () is:
Profit earned by the retailer:
Profit percentage: