A shopkeeper sold an article offering discount of 5 % and earn a profit of 23.5 % . What would have

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7.Profit and Loss

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A shopkeeper sold an article offering discount of $5 \%$ and earn a profit of $23.5 \% .$ What would have been the percentage of profit earned if no discount has been offered?

A

$23$

B

$30$

C

$33$

D

Cannot be determined

Solution

Let $C P=R s .100,$ Then $|S P=R s .123| 5$

Here discount of $5 \%$ is given

Let Mark Price be $x$ $Rs.$ then

$x=\frac{123.50}{95} \times 100=$ $Rs. 130$

So profit on Marked Price $=130-100=30 \%$

Standard 13

Quantitative Aptitude

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