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      Question

      A shopkeeper made a profit of 25% by selling an article

      for Rs. 250. If he had sold it after allowing a discount of 12% on its selling price, then find the profit that the shopkeeper would’ve made in this transaction.
      A Rs. 21 Correct Answer Incorrect Answer
      B Rs. 16 Correct Answer Incorrect Answer
      C Rs. 38 Correct Answer Incorrect Answer
      D Rs. 20 Correct Answer Incorrect Answer
      E Rs. 40 Correct Answer Incorrect Answer

      Solution

      Cost price of the article = 250 Γ· 1.25 = Rs. 200 New selling price of the article = 250 Γ— 0.88 = Rs. 220 New profit = 220 – 200 = Rs. 20

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