A shopkeeper labeled the price of his articles so as to earn a profit of 50% on the cost price. He then sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit earned in the deal?	Answers:  A) 35%  B) 20%  C) 17%  D) 18%  E) None of these
Explanation:   Let the CP of the article = Rs.100.   Then labeled price = Rs.150.   SP = Rs.150- 10% of 150 = Rs.150-15 = Rs.135.   Gain = Rs.135 â€“ Rs.100 = Rs.35   Therefore, gain/profit percent = 35%.   35%nswer: Option 35%
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A shopkeeper labeled the price of his articles so as to earn a profit of 50% on the cost price. He then sold the articles by offering a discount of 10% on the labeled price. What is the actual percent profit earned in the deal?