Elitmus
Exam
Numerical Ability
Profit and Loss
a trader marked the price of his commodity so as to include a profit of 25%.he allowed a discount of 16% on the marked price.what was his acctual profit
Read Solution (Total 2)
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- Let the CP be 100
Including 25% Profit=100+25=125
After Discount on Marked Price, Cost=125*(84/100)=105
Therefore Profit%=5% - 7 years agoHelpfull: Yes(3) No(0)
- 5% will be the answer
- 7 years agoHelpfull: Yes(0) No(0)
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