Merchant Profit with Stolen Consignment
CMAT 2025 · Quantitative Techniques & Data Interpretation · Hard · Quantitative Aptitude
A merchant earns 25% profit in general. Once his 25% consignment was abducted forever by some thieves. Trying to compensate for his loss he sold the rest of his consignment by increasing his selling price by 20%. What is the new percentage profit or loss?
- A.
10% loss
- B.
12.5% loss
- C.
12.5% profit
- D.
10% profit
Answer
C
Explanation
Let total cost price of 100 items . Normal SP of 1 item .
25 items stolen, so 75 items left. New SP per item . Total SP of 75 items .
Profit . Profit percentage profit.
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