Profit Percentage E4B091
1. **Problem statement:**
Calculate the profit percentage when an article costing 612 is sold at a marked price of 1275 with a 28% discount.
2. **Formula used:**
Profit percentage = $$\frac{\text{Profit}}{\text{Cost Price}} \times 100$$
where Profit = Selling Price - Cost Price.
3. **Calculate the selling price:**
Discount = 28% of 1275 = $$0.28 \times 1275 = 357$$
Selling Price = Marked Price - Discount = $$1275 - 357 = 918$$
4. **Calculate the profit:**
Profit = Selling Price - Cost Price = $$918 - 612 = 306$$
5. **Calculate the profit percentage:**
Profit percentage = $$\frac{306}{612} \times 100 = 50\%$$
**Final answer:** The profit percentage is 50%.