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    Question

    The marked price of an article is Rs. 1500. A shopkeeper

    gives a discount of 20% on it. If the cost price of the article is Rs. 1000, find his profit percentage.
    A 20% Correct Answer Incorrect Answer
    B 18% Correct Answer Incorrect Answer
    C 12% Correct Answer Incorrect Answer
    D 24% Correct Answer Incorrect Answer

    Solution

    Selling price after 20% discount: SP = 1500 ├Ч (1 тИТ 20/100) = 1500 ├Ч 0.80 = 1200 CP = 1000 Profit = SP тИТ CP = 1200 тИТ 1000 = 200 Profit % = (200 / 1000) ├Ч 100 = 20% Answer: 20% profit

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