Question

A shopkeeper sold a TV for Rs 17,940 with a discount of 8% and earned a profit of 19.6% What would have been the percentage of profit earned if no discount was offered?

• A. 24.8%
• B. 25%
• C. Cannot be determined
• D. None of these

Answer 1

Answer: (D)

None of these

Market price =$\frac{17940\times 100}{92}=19500$Rs Given % of discount is 8%
Cost =119.6% of 17940=$\frac{17940\times 100}{119.6}=15000$Rs
Profit made without discount=19500-15000=4500 Rs
Profit %=$\frac{4500\times 100}{1500}=30$%