A shopkeeper labeled the price of his articles so as to earn a profit of $30 %$ on the cost price. He, then sold the articles by offering a discount of $10 %$ on the labeled price. What is the actual percent profit earned in the deal?

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None of these

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Solution

The correct option is E None of these
Let the cost price of the articles be Rs.100.
Marked Price = Rs.130
After giving a discount of $10 %$ , the selling price of the articles = $0.9 \times 130 = R s .117$
So, actual profit percent $= \frac{(117 - 100)}{100} \times 100 = 17 %$

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A shopkeeper labelled the price of his articles so as to earn a profit of $30 %$ on the cost price. He, then sold the articles by offering a discount of $10 %$ on the labelled price. What is the actual percent profit earned in the deal?

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A shopkeeper labeled the price of his articles so as to earn a profit of 30% on the cost price. He, then sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit earned in the deal?

The correct option is E None of theseLet the cost price of the articles be Rs.100. Marked Price = Rs.130 After giving a discount of 10%, the selling price of the articles = 0.9×130=Rs.117 So, actual profit percent =(117−100)100×100=17%

A shopkeeper labeled the price of his articles so as to earn a profit of $30 %$ on the cost price. He, then sold the articles by offering a discount of $10 %$ on the labeled price. What is the actual percent profit earned in the deal?

The correct option is E None of these
Let the cost price of the articles be Rs.100.
Marked Price = Rs.130
After giving a discount of $10 %$ , the selling price of the articles = $0.9 \times 130 = R s .117$
So, actual profit percent $= \frac{(117 - 100)}{100} \times 100 = 17 %$