A shopkeeper sold an article offering a discount of 10% and earned a profit of 35%. What would have been the percentage of profit earned if no discount was offered ?
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Answer:
Step-by-step explanation:
Let us suppose,
C.P of an article is RS.100
And Profit%=35%
Then,S.P of the article=Rs.135
Now,M.P of an article be Rs x
Here, Discount%=5%
Therefore, S.P=MP-D%of M.P
or,Rs 135=Rs x-10/100*Rs x
or,Rs 135=Rs 9x/10
or,9x=1350
or,x=1350/9=150
Therefore,x=Rs 150
(NOTE) If an article isnt sold at by giving any discount.Then,
at that condition Seller used to sold it on M.P
So, S.P=Rs 150
C.P=Rs 100
Then, profit%=(SP-C.P)/C>P*100%
=50/100*100%
=50%
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