A shopkeeper sells a bag at a gain of 25%. He offers a discount of 10% on the bag. What is his profit %?
A
20%
B
15%
C
12.5%
D
10%
Correct Option - C
Explaination
Let the C.P of the bag be Rs.x
S.P = 1.25x
After discount, the selling price is
0.9*1.25x = 1.125x
Gain % = ((1.125x-x)/x)*100 = 12.5%