Multiple choice

A shopkeeper bought an article marked at Rs. 22800 at two successive discounts of 15% and 20%. He spent Rs. 1064 on transportation and sold the article for Rs. 20710. Then, what was the profit percentage of the shopkeeper?

  1. 35%

  2. 30%

  3. 25%

  4. 20%

  5. None of these

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

First calculate purchase price after successive discounts: ₹22,800 × 0.85 × 0.80 = ₹15,504. Total cost including transportation: ₹15,504 + ₹1,064 = ₹16,568. Profit: ₹20,710 - ₹16,568 = ₹4,142. Profit percentage: (4,142 / 16,568) × 100 = 25%. The image dependence flag is incorrect as no image is needed.