If a shop owner marks up the price of a product by 25% and gives a discount of 12.5%, then what will his profit % be?
A
8%
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B
8.25%
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C
8.33%
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D
8.625%
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E
9.375%
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Solution
The correct option is E 9.375% Let his CP be = Rs. 100 Marked Price = 100 + 25% of 100 = 125 So, new SP = 125 - 25200×125 = Rs 109.375 % Gain = 9.375%.