A dealer buys an article marked at Tk. 25000 with 20% and 5% off. He spends Tk. 1000 for its repairs and sells it for Tk. 25000. What is his profit or loss percent?

Question: A dealer buys an article marked at Tk. 25000 with 20% and 5% off. He spends Tk. 1000 for its repairs and sells it for Tk. 25000. What is his proft or loss percent?

Solution:
Given,
Marked Price = 25000.

After first discount it become,
= 25000 - 20% of 25000
= Tk. 20000.

After second discount, it becomes
= 20000 - 5% of 20000
= Tk. 19000.

So, Selling price = Tk. 19000.

Cost price for the man who bought it, as he spends tk. 1000 on repair.

∴ Cost price = (19000 + 1000) = Tk. 20000

∴ Profit = 25000 - 20000 = Tk. 5000.
% Profit = (5000 × 100)/20000
= 25%