A shopkeeper allows 20 percent discount on the marked price of an article and be suffers a loss of 5 percent. If the article is sold at marked price, then what will be the profit percentage?
Answer & explanation
Correct answer: option 3
CP MP
(100 - D%) (100 - L%)
(100 - 20%) (100 - 5%)
(80) (95)
If he allows no discount on MP then Profit % = \(\frac{(95 - 80) × 100}{80}\) = 18.75%