A shopkeeper sold an article offering a discount of 5% and earned a profit of 31.1%. What would have been the percentage of profit earned if no discount had been offered? Pick.
A) 38	B) 27.675	C) 30	D) Data inadequate	E) None of these
Giving no discount to customer implies selling the product on printed price. Suppose the cost price of the article is 100.   Then printed price = 100Ã—(100+31.1)/(100âˆ’5)   = 138   Hence, required % Profit = 138 â€“ 100 = 38%   38nswer 38
<result>A</result>
A shopkeeper sold an article offering a discount of 5% and earned a profit of 31.1%. What would have been the percentage of profit earned if no discount had been offered?