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A dealer marks his goods at 25% above the cost price and allows a discount of 10% for cash payment. His profit % is :
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- 17.5%
- 15%
- 12.5%
- 20%
Correct Option: C
Let Cost price of article = ₹ 100
Marked price = ₹ 125
∴ S.P. = | = ₹ 112.5 | |
100 |
∴ Gain = 112.5 – 100 = 12.5
⇒ Gain percent = 12.5%
2nd method to solve this question.
Here, r = 25%, r1 = 10%
Profit % = | − r1 | |
100 |
Profit % = | − 10 | |
100 |
Profit % = | − 10 | |
100 |
Required Profit % = 22.5 – 10 = 12.5%