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A trader marked the price of a commodity so as to include a profit of 25%, but allowed a discount of 16% on the marked price. His actual profit will be
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- 16%
- 25%
- 5%
- 9%
Correct Option: C
Suppose C.P. of article = $ 100
Marked price = $ 125
S.P. = | = $ 105 | 100 |
Gain = S.P. - C.P. = 105 - 100 = 5
Gain percent = | × 100 = 5% | 100 |
Second Method to solve this question :
Here , a = 25% , b = 16%
∴ Gain % = a - b - | 100 |
Gain percent = | 25 - 16 - | 25 × 16 | % = 5% | |||
100 |