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    Question

    A shopkeeper sold an article at marked price and got a

    profit of 60%. If he had given a discount of 10%, then find his new profit percent.
    A 25% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 44% Correct Answer Incorrect Answer
    D 55% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of the product be Rs. 100 Then, marked price = selling price = 100 × 1.60 = Rs. 160 If he allows a discount of 10%, then new selling price = 0.90 × 160 = Rs. 144 New Profit = (144 – 100) = Rs. 44 So, required profit percentage = 44%

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