A shopkeeper marks an article 25% above its cost price and allows a discount of 12% on the marked price. What is his profit percentage?
A. 13%
B. 12%
C. 10%
D. 8%
A. 13%
B. 12%
C. 10%
D. 8%
Best answer
Answer: C. 10%
Answer: (C) 10%
Take CP = 100. MP = 125, SP = 125 × 0.88 = 110. Profit = 10%.
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