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Sunday, November 25, 2018

A trader marked the price of his commodity so as to include

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
A5%
B9%
C16%
D25%

Answer : 5%

Explanation:

Let C.P. be Rs. 100. Then, marked price = Rs. 125  

\(\text{S.P = 84% of Rs. 125 }= Rs. \Big(\frac{84}{100} \times 125 \Big) = Rs.105\)

\(\therefore Profit = (105 - 100) \% = 5\%  \)

 

Nithin K
answered Dec 4 '2016 at 20:55

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