Question

A merchant marked his product at 50% above the cost price and then allowed 50% discount before selling it . The selling price of the product was Rs 225. What is the profit that he made incurred out of this ? Choose the correct answer from the following options:
A. profit of Rs 37.50
B. profit of Rs 75
C. loss of Rs 75
D. loss of Rs 37.50

Answer 1

Let the cost price of the product be Rs 100x
`:. ` marked Price = Rs (100x + 50x)
`Rs 150x`
Discount `=(50)/(100) (Rs 150x) =Rs 75x`
Selling price =Rs 75
Given , 75x = 225
`75x lt 100x`
`:. ` As loss was incurred
Loss incurred =Rs 25x =Rs 75