Question : After giving a 40% discount on an article, there is still a profit of 20%. What will be the profit percentage when no discount is given?
Option 1: 60%
Option 2: 68%
Option 3: 78%
Option 4: 100%
Correct Answer: 100%
Solution : Given: After giving a 40% discount on an article, there is still a profit of 20%. Let the marked price be 100 units. So, selling price = 100 – 40 = 60 units Cost price = $\frac{100}{120}×60=50$ units When no discount is given, profit will be (100 – 50) = 50 So, profit percentage = $\frac{50}{50}$ × 100 = 100% So, when no discount is given, profit will be 100%. Hence, the correct answer is 100%.
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Question : After giving, 20% discount on an article, there is a profit of 20%. What will be the profit percent when no discount is given?
Question : The marked price of an article is 40% more than its cost price. If a 10% discount is given, what is the profit percentage?
Question : A dealer allows a 25% discount on the marked price of an article and gains 20%. If the cost price of the article increases by 20%, how much discount percentage should he allow on the marked price to earn the same percentage of profit as before?
Question : The marked price of an article is 50% more than its cost price. If a 20% discount is given, then what will be the profit percentage?
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