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      Question

      A shopkeeper marked an article 60% above its cost price

      and made a profit of Rs. 312 when he sold the article after giving a discount of 18%. Find the profit percent earned by the shopkeeper if he had sold the article for Rs. 1800.
      A 20% Correct Answer Incorrect Answer
      B 50% Correct Answer Incorrect Answer
      C 80% Correct Answer Incorrect Answer
      D 60% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Let cost price of the article is Rs. ‘x’ So, Selling price of the article = 0.82 × 1.6 × x = Rs. 1.312x According to question; 1.312x – x = 312 Or, 0.312x = 312 Or, x = 1000 Desired Percentage = [(1800 – 1000)/1000] × 100 = 80%

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