Join ExamsbookAnswer : 4. "25%"
A retailer buys product from a shopkeeper at discount of 40% on the list price (marked price) and sells them to the customer at a discount of 25% on the list price.What is his profit percentage ?5
Q: A retailer buys product from a shopkeeper at discount of 40% on the list price (marked price) and sells them to the customer at a discount of 25% on the list price.What is his profit percentage ?
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Answer : 4. "25%"
Explanation :
Answer: D) 25% Explanation: Let the list price be Rs.100. Therefore, the retailer is buying the products at Rs.60 and selling it to the customer at Rs.75, earning a profit of Rs.15. Therefore, his percentage is = 1560x100 = 25%