A shopkeeper sold an article for 1000 after giving 20% discount on the labelled price and made 25% profit on the cost price. What would have been the percentage profit,had he not given the discount’? Choose one:
A) 25%
B) 56.25%
C) 23%
D) 28%
E) None of these
Cost price = 1000×100/125= 800   S.P. at no discount = 1000×100/80 = 1250   ∴ % profit = 450×100/800 = 56.25 %   Answer 56.25%
<result>B</result>
A shopkeeper sold an article for 1000 after giving 20% discount on the labelled price and made 25% profit on the cost price. What would have been the percentage profit,had he not given the discount’?