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Discussion :: Profit and Loss

  1. A shopkeeper sold an article offering a discount of 5% and earned a profit of 23.5%. What would have been the percentage of profit earned if no discount was offered?
    2. A.
    24.5
    B.
    28.5
    C.
    30
    D.
    Data inadequate
    E.
    None of these

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    Workspace

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    Answer : Option C

    Explanation :

    Let C.P. be Rs. 100. 

    Then, S.P. = Rs. 123.50

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