The CP of an item is Rs.270. After giving a discount of Rs.27 a shopkeeper earns a profit of 20%. What will be the profit percentage if he does not give the discount?
Answers
Answer:
cost of cp-rs. 270
discount gave by the shopkeeper -rs. 27
27
100 ➗ by 270=10%
profit made by shopkeeper -20%
profit made by shopkeeper without giving discount -10%
Answer:
Profit percentage earned by the shopkeeper if he does not provide any discount would be 30 %.
Step-by-step explanation:
Given :
Cost price of the item = 270 Rs
Discount provided = 27 Rs
Profit earned = 20%
To find = Profit % if he does not give the discount
He sold item with profit of 20 %,
Selling price = (100 +Profit percent / 100 ) X Cost price
= (120/100 ) X 270 =
SP = 324 Rs
If he does not give discound of 27, then he would sell item on
324 + 27 = 351 Rs,
New SP = 351 Rs, CP = 270,
PROFIT = SP - CP
= 351-270
= 81 Rs
now profit % = (Gain / Cost price ) X 100
= (81/ 270 ) x100 =30 %
So he would earn a profit percentage of 30 % if he does not give discount.