An article costs Rs.200, is marked 25% above cost price, and is then sold at a discount of 10% on the marked price. What is the shopkeeper's profit percentage? 
A10%
B12.5%
C15%
D20%
Answer & Solution
Correct answer: B. 12.5%
First mark up the article: marked price $=200\times 1.25=250$. Then apply the 10% discount: selling price $=250\times 0.9=225$. Profit $=225-200=25$, so profit percent $=\frac{25}{200}\times 100=12.5\%$.
Related questions
The study of inequalities is described as useful in solving problems in science and:A firm needing at least 6 units and at most 10 would write that as a:Which sign makes a statement an inequality rather than an equation?Unless stated otherwise, inequalities in that chapter are solved over the set of:The set of all values of the variable that make an inequality true is called its:Solving 4x plus 3 less than 6x plus 7 gives:When x is a real number in that inequality, the solution set is written as:When x is an integer in that inequality, the largest solution is: