Discuss Forum

1.

A shopkeeper gains 17% after allowing a discount of 10% on the marked price of an article . Find his profit percent if the article is sold at marked price allowing no discount .

  • A. 30%
  • B. 30%
  • C. 30%
  • D. 30%

Answer: Option A

Explanation:

Let the cost price = Tk.100

Therefore, Selling price = 100×117100 = Tk.117100×117100 = Tk.117

Therefore, Marked price = 117×10090 = 130117×10090 = 130

Therefore, Profit Percentage = (130−100)100×100 = 30%

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