Capgemini Company Numerical Ability Profit and Loss

A shopkeeper gains 8% after allowing a discount of 10% on the market price of an article. Find his profit %, if the articles is sold at a market price allowing no discount?
A)15% B)30% C)20% D)22.5%

Read Solution (Total 1)

suppose the price of an article is 100 rs

Cost Price after giving discount = 90 rs
Market Price after adding profit = 108 rs

(100 - discount%) : (100 + profit%)

90 : 108

If there is no discount given,

then

M.P. - S.P

So

Profit% == 108-90 / 90 * 100

= 20%
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