The marked price of an article is Rs 1200 and retailer gets a discount of 25%. If he sells that article for Rs 1200, then what is the profit percentage of retailer?
C.P. of the article = 1200 × 75/100 = Rs. 900
∴ Profit % = (1200 - 900)/900 × 100 = 300/900 × 100 = 33.33%
8. A bat is bought for Rs. 400 and sold at a gain of 20% find its selling price