A vendor marks all his goods at 50% above the cost price and then offers a discount of 25% on the marked prices.
What is his profit on the sales?
1
12.50%
2
20.50%
3
22.50%
4
25%
A vendor marks all his goods at 50% above the cost price and then offers a discount of 25% on the marked prices.
What is his profit on the sales?