A shopkeeper sells 25 articles at ₹ 45 per article after giving 10% discount and earns 50% profit. If the discount is not given, the profit gained is
Aptitude
Profit and Loss
Difficulty: Medium
Choose an option
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A60%
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B$60 \frac{2}{3}\%$
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C66%
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D$66 \frac{2}{3}\%$
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ENone of these
Answer
Correct Answer: $66 \frac{2}{3}\%$
Explanation
### Concept & Discount Logic
The number of articles sold is redundant information when dealing purely with uniform percentages. Focus on a single article.
$$ \text{MP} = \frac{\text{SP}}{1 - D\%} $$
### Step-by-Step Solution
* Let's consider a single article. The given Selling Price (SP) after a 10% discount is ₹ 45.
* Marked Price (MP) = $\frac{45}{0.90} = 50$.
* The profit earned at this SP (₹ 45) is 50%.
* Cost Price (CP) = $\frac{45}{1.50} = 30$.
* If no discount is given, the article is sold at its Marked Price, so the new SP = ₹ 50.
* New Profit = $\text{MP} - \text{CP} = 50 - 30 = 20$.
* New Profit % = $\frac{20}{30} \times 100 = 66 \frac{2}{3}\%$.
### Exam Strategy & Shortcut
Using the ratio formula $$ \frac{\text{MP}}{\text{CP}} = \frac{100 + P\%}{100 - D\%} $$
$$ \frac{\text{MP}}{\text{CP}} = \frac{150}{90} = \frac{5}{3} $$
If sold at MP (no discount), profit is $\frac{5-3}{3} = \frac{2}{3} = 66 \frac{2}{3}\%$. The ₹ 45 and 25 articles are completely irrelevant.
### Common Pitfall
Using the 25 articles to find total SP (₹ 1125) and proceeding with large numbers. This slows down the calculation significantly without changing the final percentage.
### Final Answer
Therefore, the correct answer is **$66 \frac{2}{3}\%$**.