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A shopkeeper makes a profit of 12.5% after allowing a discount of 10% on the marked price of an article. Find his profit
percentage if the article is sold at the marked price, allowing no discount.
25%
30%
22.5%
27%
- Initially, the shopkeeper offers a 10% discount on the marked price.
- His profit margin after the discount is 12.5%.
- Let's assume the marked price is 100.
- Selling price after 10% discount = \(100 - 10 = 90\).
- The cost price implies a profit of 12.5%, thus cost price = \(90 / 1.125 = 80\).
- If the article is sold at the marked price (100), the profit is \(20 (100 - 80)\).
- Profit percentage at marked price: \((20/80) \times 100 = 25%\).
- Option 1, 25%: Correct calculation, matches profit percentage.
- Option 2, 30%: Incorrect, higher than calculated value.
- Option 3, 22.5%: Incorrect, lower than calculated value.
- Option 4, 27%: Incorrect, above calculated value.
.
By: santosh ProfileResourcesReport error
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