A tradesman marks his goods 25% above the cost price and allows his customers 12 % reduction on their bills. What percent profit does he make?

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Solution

Let $C P = R s . 100$ , therefore, $M P = R s . 125$ , $D i s c o u n t % = 12 % S P = 88 %$ of $M P = 88 %$ of $125 = R s . 110.$ Profit $= 110 - 100 = R s . 10$
Profit $= 10 %$ .

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A tradesman marks his goods 25% above the cost price and allows his customers 12 % reduction on their bills. What percent profit does he make?

Let CP=Rs.100, therefore, MP=Rs.125, Discount%=12% SP=88%of MP=88% of 125=Rs.110. Profit =110−100=Rs.10Profit =10%.

Let $C P = R s . 100$ , therefore, $M P = R s . 125$ , $D i s c o u n t % = 12 % S P = 88 %$ of $M P = 88 %$ of $125 = R s . 110.$ Profit $= 110 - 100 = R s . 10$
Profit $= 10 %$ .