A retailer buys product from a shopkeeper at discount of 40% on the list price (marked price) and sells them to the customer at a discount of 25% on the list price.What is his profit percentage ?

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Solution

Let the list price be Rs 100.
$∴$ the retailer is buying the product at Rs 60 and selling it to the customer at Rs 75, earning a profit of Rs 75-Rs 60= Rs 15.
$∴$ Profit percentage = $\frac{15}{60} \times 100 = 25$ %

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A retailer buys product from a shopkeeper at discount of 40% on the list price (marked price) and sells them to the customer at a discount of 25% on the list price.What is his profit percentage ?

Let the list price be Rs 100.∴ the retailer is buying the product at Rs 60 and selling it to the customer at Rs 75, earning a profit of Rs 75-Rs 60= Rs 15.∴ Profit percentage = 1560×100=25%

Let the list price be Rs 100.
$∴$ the retailer is buying the product at Rs 60 and selling it to the customer at Rs 75, earning a profit of Rs 75-Rs 60= Rs 15.
$∴$ Profit percentage = $\frac{15}{60} \times 100 = 25$ %