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A trader marked the price of his commodity so as to include a profit of 25%. He allowed discount of 16% on the marked price. His actual profit was :
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- 5%
- 9%
- 16%
- 25%
Correct Option: A
Here , profit = 25%
Let the C.P. be ₹ 100
∴ Marked price = ₹ 125
S.P. = ( 100 - 16 )% of 125
S.P. = 84% of 125 = | = ₹ 105 | |
100 |
∴ Profit = ₹ (105 – 100) = ₹ 5
∴ Profit percent = | × 100 = 5% | |
100 |