A shopkeeper sells 25 articles at Rs. 45 per article after giving 10% discount and earns 50% profit. If the discount is not given, the profit gained is = ?

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BANK PO Exam (SBI) 2000 click here to view all questions

A shopkeeper sells 25 articles at Rs. 45 per article after giving 10% discount and earns 50% profit. If the discount is not given, the profit gained is = ?

A60%

B$60\frac{2}{3}$%

C66%

D$66\frac{2}{3}$%

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Correct answer is: $66\frac{2}{3}$% Explanation: Selling price of 1 article = Rs. 45 Let marked price of each article be Rs. x Then, $\eqalign{ & \frac{{90}}{{100}}x = 45 \cr & x = {\text{Rs}}{\text{.}}\left( {\frac{{45 \times 100}}{{90}}} \right) \cr & \,\,\,\,\,\, = {\text{Rs}}{\text{. 50}} \cr & {\text{CP}} = {\text{Rs}}{\text{.}}\left( {\frac{{100}}{{150}} \times 45} \right) \cr & \,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. 30}} \cr}$ When no discount is given, Cost price = Rs. 30, Selling price = Rs. 50 ∴ Required profit % $\eqalign{ & = \left( {\frac{{20}}{{30}} \times 100} \right)\% \cr & = 66\frac{2}{3}\% \cr}$ Nithin ? answered undefined All Comments

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