Multiple Choice Questions on A dealer makes his goods 25 above CP and then while selling gives a discount of 12 on MP Find his pr........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A dealer makes his goods 25 above CP and then while selling gives a discount of 12 on MP Find his pr...........

Quant (SSC) Profit and loss
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    A dealer makes his goods 25% above CP and then while selling gives a discount of 12% on MP. Find his profit %

    10%

    Correct Answer

    15%

    Incorrect Answer

    12%

    Incorrect Answer

    11%

    Incorrect Answer
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    Explanation:

    Let CP = 100
    MP = 125
    Profit  = 125*88/100 = 110
    110 – 100 = 10%

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