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:
β
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%.