Question

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 :

• A. 5%
• B. 9%
• C. 16%
• D. 35%

Answer 1

The correct option is A

5%

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

S.P.=84% of Rs. 125=Rs.$\left(\frac{84}{100}\times 125\right)$= Rs.105.

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