A dealer buys products for Rs. 80 and hikes up the price to Rs.125. He sells it to the customer after giving a discount of Rs.5. Find his profit percentage

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Solution

Profit percentage = Percentage Increase/Decrease in his income
= $\frac{P r o f i t}{C o s t P r i c e} \times 100 = \frac{120 - 80}{80} \times 100 = 50 %$

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A dealer buys products for Rs. 80 and hikes up the price to Rs.125. He sells it to the customer after giving a discount of Rs.5. Find his profit percentage

Profit percentage = Percentage Increase/Decrease in his income= ProfitCostPrice×100=120−8080×100=50%

Profit percentage = Percentage Increase/Decrease in his income
= $\frac{P r o f i t}{C o s t P r i c e} \times 100 = \frac{120 - 80}{80} \times 100 = 50 %$