Question 61

After giving a discount of 40% on an article, there is still a profit of 25%. If no discount is given, then what will be the profit percentage?

Solution

Let Marked price of the article = Rs. $$100$$

Discount % = 40%

=> Selling price = $$100-(\frac{40}{100}\times100)$$

= $$100-40=Rs.$$ $$60$$

Profit % = 25%

=> Cost price = $$\frac{60}{(100+25)}\times100$$

= $$\frac{60}{5}\times4=Rs.$$ $$48$$

If no discount is given, => Selling price = Rs. $$100$$

$$\therefore$$ Profit % = $$\frac{(100-48)}{48}\times100$$

= $$\frac{5200}{48}=108.33\%$$

=> Ans - (D)

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