Question

The cost price of an article is Rs. 2,400 and it is marked at 25% above the cost price. Find the profit and the profit percent, if the article is sold at 15% discount.

• A. Rs. $120$ and $3.37$%
• B. Rs. $130$ and $4.25$%
• C. Rs. $140$ and $6$%
• D. Rs. $150$ and $6.25$%

Answer 1

Answer: (D)

Rs. $150$ and $6.25$%

Marked price will be $=C.P.+25$ % of $C.P.=\frac{125}{100}\times C.P.=\frac{125}{100}\times 2400=Rs3000$
And Discount $=15$ % of Marked Price $=\frac{15}{100}\times 3000=Rs450$
And Selling price will be $=$ Marked Price $-$ Discount $=Rs3000-Rs450=Rs2550$
Now, Gain $=S.P.-C.P.=Rs2550-Rs2400=Rs150$
Gain % $=\frac{S.P.-C.P.}{C.P.}\times 100=\frac{2550-2400}{2400}\times 100=6.25$ %