Q. A trader buys an article at 25% discount on its marked price and sells it at 20% above the marked price. His profit percentage is:
✅ Correct Answer: (C)
60%
Explanation: Let MP = 100. CP = 75 and SP = 120. Profit = 45/75 × 100 = 60%.
Explanation by: Krishna Sharma
Let MP = 100. CP = 75 and SP = 120. Profit = 45/75 × 100 = 60%.