A) 8.05%
B) 7.25%
C) 6.25%
D) 11.20%
E) 12.25%
Correct Answer: C
Solution :
Cost price \[=Rs.50000\] Marked price\[=Rs.\,\,50000\times \frac{125}{100}=Rs.\,\,62500\] \[\therefore \]Selling price\[=Rs.\,\,62500\times \frac{85}{100}=Rs.\,\,53125\] \[\therefore \]Profit\[=Rs.\,\,(53125-50000)=Rs.\,\,3125\] \[\therefore \]Required % profit\[\text{=}\frac{\text{Profit}}{\text{CP}}\text{ }\!\!\times\!\!\text{ 100}\] \[=\frac{3125}{50000}\times 100=6.25%\] Quicker Method (Direct formula) % profit\[=+25-15+\frac{(25)(-15)}{100}\] \[=10-3.75=6.25%\]You need to login to perform this action.
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