Question

The ratio of the marked price to the cost price of an article is 5 : 3. If the selling price of that article is `3645 and the shopkeeper gave two successive discounts of 25% and 10% on the marked price, then what is the profit or loss percent during this transaction ?

• A. 12.5% Profit
• B. 10% Profit
• C. 15% Loss
• D. 15.5% Loss

Answer 1

Answer: (A)