Civil Service Exam Reviewer · Percentage · hard
A trader marks up an item costing ₱1,500 by 25%, then sells it at a 10% discount. What is the percent profit based on cost?
- 15%
- 12.5%
- 25%
- 17.5%
Answer
B. 12.5%
Solution
Marked price = ₱1,875. Selling price = ₱1,687.50. Profit = ₱187.50 = 12.5% of cost.
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