Question

Choose the correct answer from the alternatives given.
Even after allowing a discount of Rs. 32 on an article, a shopkeeper makes a profit of 15%. If the cost price be Rs. 320, what percentage of profit would he have made if he had sold the article at the marked price?

• A. 20%
• B. 10%
• C. 25%
• D. None of these

Answer 1

The correct option is C 25%

Given
that, CP of article = Rs. 320
SP of article = 1.15 $\times$ 320 = Rs. 368
Marked Price = SP + Discount = 368 + 32 = Rs. 400
If the article is sold at marked price,
Profit = 400 - 320 = 80
%Profit = $\frac{80}{320}\times 100=25$