n uneducated retailer marks all his goods at 50 above the cost price and thinking that he will still...........

Quantitative Aptitude (CGL) Profit and loss

n uneducated retailer marks all his goods at 50% above the cost price and thinking that he will still make 25% profit, offers a discount of 25% on the marked price. What is his actual profit on the sales?

12%

6.3%

12.5%

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Explanation:

Let C.P. = Rs. 100.
Then, marked price = Rs. 150.
Therefore,
S.P. = 75% of Rs. 150 = Rs. 112.50.
And hence we can say that Gain% = 12.50%.
Hence the correct option is 4) 12.5%.