Question discussion

A shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at 40% discount, then what will be hi…

31882Medium 2 replies 826 views
15
A shopkeeper sells a table at a discount of 20% and earns a profit of 60%. If he sells the same table at 40% discount, then what will be his new profit percent?
  • A20
  • B30
  • C35
  • D40
Answer not set
0
CCommunity
20 : - is correct hence option 1
0
CCommunity
Let CP be Rs.100, SP= Rs. 160,

MP= Rs.200, now, 60% of 200= 120.

New SP=120 so profit %=20%