A shopkeeper sold an article for 500 after giving 10% discount on the labelled price and made 20% profit on the cost price. What would have been the percentage profit,had he not given the discount’?
Answers: A) 33.33% B) 30% C) 23% D) 28% E) None of these
Cost price =500×100/120= 416.67   S.P. at no discount = 500×100/90 = 555.55   ∴ % profit = 138.88×100/416.67 = 33.33 %   33.33%nswer 33.33%
<result>A</result>
A shopkeeper sold an article for 500 after giving 10% discount on the labelled price and made 20% profit on the cost price. What would have been the percentage profit,had he not given the discount’?