A clothing retailer sells a shirt for ₹Q and earns a profit of 25%. For a clearance sale, he marks the same shirt at ₹1.6Q. At the sale, he provides a discount of 15%. What will be the percentage profit during the clearance sale?

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Accepted Answer

1. Cost price from 25% profit: $CP = Q/1.25 = 0.8Q$.
2. Marked price = $1.6Q$. After 15% discount: $SP = 1.6Q 	imes 0.85 = 1.36Q$.
3. Profit = $SP - CP = 1.36Q - 0.8Q = 0.56Q$.
4. Profit percentage = $(0.56Q/0.8Q) 	imes 100 = 70\%$.

FINAL_ANSWER: b

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