Practicing Success
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? |
8.33 percent 16.25 percent 18.75 percent 17.25 percent |
18.75 percent |
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% |