A hawker buys a radio for sh 520 and marks it at a selling price to make a profit of 25%. If he allows a discount of 10% off the marked price, what actual profit has he made and what percentage is this of the cost price.

      

A hawker buys a radio for sh 520 and marks it at a selling price to make a profit of 25%. If he allows a discount of 10% off the marked price, what actual profit has he made and what percentage is this of the cost price.

  

Answers


John
C.P (sh 520) represents 100%

M.P represents 125% of C.P

M.P = $\frac{125}{100}$ x 520 = sh 650

S.P = $\frac{90}{100}$ x 650 = sh 585

Profit = 585 - 520 = sh 65

%Profit = $\frac{65}{520}$ x 100% = 12.5%
johnmulu answered the question on June 8, 2017 at 13:05


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