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Even after reducing the marked price of a Table by Rs.576, a shopkeeper makes a profit of 20%. If the cost price of table is Rs.3840, what % of profit would he have made if he had sold the Table at the marked price?

A

`40%`

B

`35%`

C

`32%`

D

`36.36%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these calculations: ### Step 1: Identify the Cost Price The cost price (CP) of the table is given as Rs. 3840. ### Step 2: Calculate the Selling Price with 20% Profit To find the selling price (SP) when the shopkeeper makes a profit of 20%, we use the formula: \[ SP = CP \times \left(1 + \frac{Profit\ Percentage}{100}\right) \] Substituting the values: \[ SP = 3840 \times \left(1 + \frac{20}{100}\right) \] \[ SP = 3840 \times 1.2 \] \[ SP = 4608 \] ### Step 3: Find the Marked Price The marked price (MP) is the selling price plus the discount. The discount given is Rs. 576. Therefore: \[ MP = SP + Discount \] Substituting the values: \[ MP = 4608 + 576 \] \[ MP = 5184 \] ### Step 4: Calculate the Profit at Marked Price Now, we need to find the profit if the table is sold at the marked price. The profit can be calculated as: \[ Profit = MP - CP \] Substituting the values: \[ Profit = 5184 - 3840 \] \[ Profit = 1344 \] ### Step 5: Calculate the Profit Percentage at Marked Price To find the profit percentage, we use the formula: \[ Profit\ Percentage = \left(\frac{Profit}{CP}\right) \times 100 \] Substituting the values: \[ Profit\ Percentage = \left(\frac{1344}{3840}\right) \times 100 \] Calculating: \[ Profit\ Percentage = 0.35 \times 100 \] \[ Profit\ Percentage = 35\% \] ### Final Answer The percentage of profit that the shopkeeper would have made if he had sold the table at the marked price is **35%**. ---
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