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A 25% profit is made when a discount of 25% is given on the marked price of an item. When the discount is 35%, what will be
the profit? (Give your answer correct to the nearest whole number.)
13%
8%
9%
11%
- Given Scenario:
- A 25% profit is achieved after offering a 25% discount on the marked price (MP).
- Let's assume the cost price (CP) is \( C \) and the marked price is \( M \).
- For 25% Discount:
- Selling price (SP) after 25% discount = \( 0.75M \).
- Profit is 25%, hence SP = \( 1.25C = 0.75M \).
- Solving gives \( M = \frac{5}{3}C \).
- For 35% Discount:
- New SP = 65% of MP = \( 0.65M \).
- Replacing \( M = \frac{5}{3}C \), SP = \( 0.65 \times \frac{5}{3}C = \frac{65}{60}C \).
- Profit percentage = \( \frac{\text{(SP - CP)}}{\text{CP}} \times 100 \).
- Profit = \( \frac{65C/60 - C}{C} \times 100 \) = approximately 8.33%.
- Highlight Correct Answer:
- 8% profit is closest, so the right choice is Option 2.
By: santosh ProfileResourcesReport error
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