Question

After reducing the marked price of a table by 125 rupees, a carpenter makes a profit of 20%. If the cost price is 875 rupees, what percentage of profit would he have gained if he had sold the table only at a discount of 20%?

• A. 7.34
• B. 7.43
• C. 5.53
• D. 6.91

Answer 1

Answer: (B)

7.43

Answer 2

Given, C.P. = 875, Profit = 20%
⇒ S.P. = 875×1.2 = 1050
⇒ M.P. = 1050+125 = 1175
Now, S.P. (at 20% discount) = 1175×0.8 = 940
⇒ Profit (%) = $\frac{940-875}{875}$× 100 = 7.43
So, the correct option is (B): 7.43.