A shopkeeper sold an book offering a discount of 5% and earned a profit of 30%.
A shopkeeper sold an book offering a discount of 5% and earned a profit of 30%. What would have been the percentage of profit earned if no discount was offered?
Answer/Solution
136.8
Steps/Work
Let C.P. be $100.
Then, S.P. = $130
Let marked price be $x. Then, 95/100 x = 130
x = 13000/95 = $136.8
Now, S.P. = $136.8, C.P. = $100
Profit % = 136.8%.
D
Then, S.P. = $130
Let marked price be $x. Then, 95/100 x = 130
x = 13000/95 = $136.8
Now, S.P. = $136.8, C.P. = $100
Profit % = 136.8%.
D