Q. A shopkeeper buys an article at 20% discount on its marked price and sells it at 10% discount on the marked price. His profit percentage is:

  • (A) 10%
  • (B) 12.5%
  • (C) 15%
  • (D) 20%
βœ… Correct Answer: (B) 12.5%
Explanation: Let MP = 100. CP = 80 and SP = 90. Profit = 10/80 × 100 = 12.5%.
Explanation by: Krishna Sharma
Let MP = 100. CP = 80 and SP = 90. Profit = 10/80 × 100 = 12.5%.

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