Question

Q12/14
Choose the correct option.
If Sam sold a television at 8% discount and
earned a profit of 38%. How much profit would
he have earned, had he not offered any
discount?
OPTIONS
46%
30%
50%
33.33%​

Answer 1

the correct answer is 46

Answer 2

Answer: C. 50%

Explanation:

let us assume the MRP of the television is 100 ruppees.

Now reducing 8% discount we get 92 ruppees. (Discount is given on MRP)

After the discount, he earned a profit of 38%

let assume Cost Price be X

So Selling Price is 1.38 times the Cost price.

1.38 X = 92

X = 66.67

So, profit earned if not offered discount = 100 - 66.67 = 33.33

Profit % = (33.33/66.67) * 100 = 50%