A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?
A. 75%
B. 50%
C. 100%
D. 80%
Answer:C
A dealer purchased an article at 3/4 of its list price and sold 50% more than the list price. Find his gain percent?
A. 75% B. 50% C. 100% D. 80%
Explanation: 7. At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?