A trader bought an articale for €250 and then added on 20% to get his selling price.Find the selling price and during a sale he reduced his selling price by 15% find his percentage profit on the arrival during the sale
Original Selling price = €250 (1.20) = €300
Selling price after 15% discount = €300 * .85 = €255
%profit on the original cost = [255 - 250] / 250 = .02 = 2%
