A shopkeeper sold an article offering a discount of 5% and earned a profit of 19.7%. What would have been the percentage of profit earned if no discount was offered?	Choose the correct choice from the following: A) 60% B) 26% C) 30% D) 56% E) 73%
Let C.P. be Rs. 100.   Then, S.P. = Rs. 19.70   Let marked price be Rs. x. Then, 95/100 x = 119.70   x = 11970/95 = Rs. 126   Now, S.P. = Rs. 126, C.P. = Rs. 100   Profit % = 26%.   Answer: 26%
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A shopkeeper sold an article offering a discount of 5% and earned a profit of 19.7%. What would have been the percentage of profit earned if no discount was offered?