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Question

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 B 35%
Let's assume Cost Price (CP) of article = x Rs.

Given that when SP =25 Rs, then Profit Percentage =25%

SP=CP+CP×Profit Percentage100

25=x+x×25100

25=x+x4=5x4

x=20 Rs

Now, article is sold at 10% discount at marked price of 30 Rs.

SP=MPMP×Discount Percentage100=3030×10100=27 Rs

Profit=SPCP=2720=7 Rs

Profit Percentage=Profit×100CP=7×10020=35%


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