A shopkeeper gains 17% after allowing a discount of 10% on the marked price of an article. Find his profit percent if the article is sold at marked price allowing no discount.

1)27% 2) 23% 3)37% 4) 30%

• 4) 30%
  
  If marked price=x. As x*(90/100) is 117% of CP, so with no discount at SP 'x' will be
  x*117/[x*(90/100)]=130% of CP, so profit=30%
• 9 years agoHelpfull: Yes(4) No(2)
• Approximately 23%
• 9 years agoHelpfull: Yes(2) No(4)
• If a product is Sold for Rs.117/- on 10% discount and earning 17% profit
  simply - 117/90 * 100 = 130
  so the profit is 30%
• 8 years agoHelpfull: Yes(2) No(0)
• 4) 30%
  profit=marked price-discount-markedprice*discount/100
  17=M-10-M*10/100
  17+10=M-M/10
  270=9M
  M=30%
  
• 9 years agoHelpfull: Yes(1) No(0)
• 2)23%
  Let MRP=100 and Cost Price is =x;
  after 10% discount price become 90 and he got 17% profit on it.
  
  so selling price will be
  x+(17% of x)=90;
  =>x=(90*100)/117
  =>x=77approx
  
  Hence, profit percentage on MRP will be 23%
• 8 years agoHelpfull: Yes(0) No(1)