Question

If a discount of 20% is given on the mp of an article the shopkeeper gets a profit of 60%.find his profit percent of he offers a discount of 25% on the same article.
1.20%
2.30%
3.50%
4.75%

Answer 1

Answer:

50% profit percent after discount of 25%

Step-by-step explanation:

Let's assume the cost price (CP) as Rs. 100

Selling Price (SP) at 60% profit = 100 + 60 = Rs. 160

Marked price (MP) without 20% discount = 160*(100/80) = Rs. 200

Now, new SP at 25% discount = 200*(100-25)/100 = Rs. 150

The new profit = new SP - CP = 150 - 100 = Rs. 50

Profit at 25% discount = 50/100 = 50%