A shopkeeper sold an article offering a discount of 5% and earned a profit of 34.9%. What would have been the percentage of profit earned if no discount had been offered? Select.
A) 28.5	B) 27.675	C) 30	D) Data inadequate	E) 42
Giving no discount to customer implies selling the product on printed price. Suppose the cost price of the article is 100.   Then printed price = 100Ã—(100+34.9)/(100âˆ’5)=142   Hence, required % Profit = 142 â€“ 100 = 42%   Answer 42
<result>E</result>
A shopkeeper sold an article offering a discount of 5% and earned a profit of 34.9%. What would have been the percentage of profit earned if no discount had been offered?