Question 109

After giving 40% discount on an article there is still a profit of 20%. What will be the profit percentage when no discount is given?

Solution

Given, after giving 40% discount on an article there is still a profit of 20%. It can be written as,

60% of MRP = 120 % of CP

MRP = 2CP

Now, if CP is 100% then MRP would be 200%. This implies that there will be 100% profit when no discount is given.

Hence, option D is the correct answer.

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