Q359
A shopkeeper gains 21% after allowing a discount of 12% 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.
35%
C.
37.50%
AnswerD.
31.50%
Answer: Option C
Solution
Answer: Option C
Solution:
| Cost Price | : | Markde Price |
| (100 - Discount%) | : | (100 + Profit%) |
| 88 | : | 121 |
| 8 | : | 11 |
If there is no discount given,
Then:
Marked price = Selling price
So, Profit %