An article when sold at Rs.25 yields a profit of 25%. The article is sold at 10% discount with a marked price of Rs.30. What would be the profit earned?
A
30%
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B
35%
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C
40%
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D
45%
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Solution
The correct option is B35%
Let's assume Cost Price (CP) of article = x Rs.
Given that when SP =25 Rs, then Profit Percentage =25%
⇒SP=CP+CP×ProfitPercentage100
⇒25=x+x×25100
⇒25=x+x4=5x4
∴x=20Rs
Now, article is sold at 10% discount at marked price of 30 Rs.