A trader makes a loss of 10% by selling a chair at a discount of 28% on the listed price. What will be his profit/loss if he sells the chair at 90% of its listed price?

A trader makes a loss of 10% by selling a chair at a discount of 28% on the listed price. What will be his profit/loss if he sells the chair at 90% of its listed price?

A 10%

B 12.5%

C 13.6%

D 15%

Solution

Correct Answer: Option B

If listed price 100 taka then slling price 100-28=72 taka

cp=72×100/90 =80 taka

profit =90-80=10

so,100×10/80 = 12.5