Question

A dealer marks his goods 25% above the cost price and allows 10% discount to his customers. What is his gain percent?

• A. 12.5 %
• B. 35 %
• C. 15 %
• D. 17.5 %

Answer 1

Answer: (A)

12.5 %

Let the C.P. of the goods be Rs.100

Then M.P. of the goods = Rs.125,

Discount = 10%
$\therefore$ S.P. of the goods = 90% of Rs.125 $=\frac{90}{100}\times Rs.125=Rs.112.5$
$\therefore$ Gain % $=\frac{(112.5-100)}{100}\times 100=12.5\%$