A shopkeeper sold an article for 600 after giving 20% 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’? Choices:
A) 25%
B) 30%
C) 23%
D) 50%
E) None of these
Cost price =600×100/120= 500   S.P. at no discount = 600×100/80 = 750   ∴ % profit = 250×100/500 = 50 %   Answer 50%
<result>D</result>
A shopkeeper sold an article for 600 after giving 20% 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’?