| A dealer marks his goods 25% above the cost price and allows 10% discount to his customers. |
| What is his gain per cent? |
A) 8.5%
B) 12.5%
C) 15%
D) 17.5%
Correct Answer: B
Solution :
Cost price of goods = Rs. 100 He marks 25% above the cost price = Rs. 125 Discount \[=10%=125\times \frac{10}{100}=12.50%\] Profit percent\[=\frac{12.50}{100}\times 100=12.50%\]
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