A shopkeeper sold an article for 240 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’? Pick one:
A) 25%	B) 50%	C) 23%	D) 28%	E) None of these
Cost price = 240×100/120= 200   S.P. at no discount = 240×100/80 = 300   ∴ % profit = 100×100/200 = 50 %   Answer 50%
<result>B</result>
A shopkeeper sold an article for 240 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’?