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After giving 20% discount on an article ...

After giving 20% discount on an article there is a profit of 20%. What will be profit per cent when no discount is given ?

A

40

B

44

C

54

D

50

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine the profit percentage when no discount is given, given that a 20% discount results in a 20% profit. ### Step-by-Step Solution: 1. **Understand the Terms**: - Let the Cost Price (CP) of the article be \( CP \). - Let the Marked Price (MP) be the price before any discount is applied. 2. **Calculate the Selling Price (SP) after Discount**: - A 20% discount on the Marked Price means the Selling Price (SP) can be calculated as: \[ SP = MP - (20\% \text{ of } MP) = MP \times (1 - 0.20) = MP \times 0.80 \] 3. **Determine the Selling Price with Profit**: - Given that there is a 20% profit when selling at this SP, we can express this as: \[ SP = CP + (20\% \text{ of } CP) = CP \times (1 + 0.20) = CP \times 1.20 \] 4. **Equate the Two Expressions for SP**: - From the previous steps, we have: \[ MP \times 0.80 = CP \times 1.20 \] 5. **Express MP in terms of CP**: - Rearranging the equation gives us: \[ MP = \frac{CP \times 1.20}{0.80} = CP \times \frac{1.20}{0.80} = CP \times 1.5 \] 6. **Calculate the Selling Price without Discount**: - If no discount is given, the Selling Price is equal to the Marked Price: \[ SP_{no\ discount} = MP = CP \times 1.5 \] 7. **Calculate the Profit when no Discount is Given**: - The profit when no discount is given can be calculated as: \[ \text{Profit} = SP_{no\ discount} - CP = (CP \times 1.5) - CP = CP \times 0.5 \] 8. **Calculate the Profit Percentage**: - The profit percentage is given by: \[ \text{Profit Percentage} = \left(\frac{\text{Profit}}{CP}\right) \times 100 = \left(\frac{CP \times 0.5}{CP}\right) \times 100 = 50\% \] ### Final Answer: The profit percentage when no discount is given is **50%**.
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