A shopkeeper marked an item 25% above its cost price. During a sale, he…
2025
A shopkeeper marked an item 25% above its cost price. During a sale, he offered a discount of 10%. What
was his profit percentage?
- A.
10%
- B.
12.50%
- C.
15%
- D.
17.5%
Attempted by 8 students.
Show answer & explanation
Correct answer: B
Marked price is 125% of cost price. After a 10% discount, selling price is 112.5% of cost price, so profit is 12.5%.