A) 45%
B) 50%
C) 55%
D) 60%
Correct Answer: D
Solution :
Let the Market Price \[=Rs.\text{ }100,\]Discount = \[~25%\] Discounted Price \[=Rs.100\times \frac{100-25}{100}\] \[=Rs.\,100\times \frac{75}{100}=Rs.75\] Profit \[=20%\] \[\therefore \] Cost Price \[=Rs.75\times \frac{100}{100+20}\] \[=Rs.75\times \frac{100}{120}=Rs.\frac{125}{2}\] Had he not given discount, his profit would have been \[=Rs.100-Rs.\frac{125}{2}=Rs.\frac{75}{2}\] Profit on \[Rs.\frac{125}{2}=Rs.\frac{75}{2}\] \[\therefore \] Profit on \[Rs.100=\frac{75}{2}\times \frac{2}{125}\times 100=60%\]You need to login to perform this action.
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