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    Question

    A seller purchases an item for Rs. 240 and sells it

    with a 20% discount, earning a profit of 20%. If the seller increases the discount to 25%, what would be the new profit percentage?
    A 12.5% Correct Answer Incorrect Answer
    B 15% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D 18% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Selling price of item = 1.2 × 240 = Rs. 288 So, marked price of item = 288/0.8 = Rs. 360 Therefore, selling price on 25% discount = 360 × 0.75 = Rs. 270 Therefore, required profit percentage = {(270 – 240)/240} × 100 = 12.5%

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