A shopkeeper sold an article offering a discount of 4% and earned a profit of 32%. What would have been the percentage of profit earned if no discount was offered?	Pick.
A) 24.5
B) 28.5
C) 30.5
D) 32.5
E) 37.5
Let C.P. be Rs. 100.   Then, S.P. = Rs. 132   Let marked price be Rs. x. Then, 96/100 x = 132   x = 13200/96 = Rs. 137.5   Now, S.P. = Rs. 137.5, C.P. = Rs. 100   Profit % = 37.5%.   ANSW37.5R:37.5
<result>E</result>
A shopkeeper sold an article offering a discount of 4% and earned a profit of 32%. What would have been the percentage of profit earned if no discount was offered?