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Question : A tradesman marks his goods 25% above the cost price and allows his customers a discount of 12% on their bill. How much % profit do tradesmen realize?

Option 1: 13%

Option 2: 11%

Option 3: 12%

Option 4: 10%


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 18th Jan, 2024

Correct Answer: 10%


Solution : Let the cost price be Rs.100.
Marked price = 100 +2 5 = Rs. 125
Discount = 12% of marked price
Selling price = 88% of marked price = 0.88 × 125 = Rs. 110
Profit = 110 – 100 = 10
Profit % = $\frac{10}{100}×100$ = 10%
Hence, the correct answer is 10%.

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