Mr. X purchased 100 pieces of an article at the rate of 480 per piece. He then listed the price so as to gain a profit of 25\%. While selling the article he offered a discount of 5\%. What is the percentage of profit earned in the deal?

Keep practicing — related questions

• A shopkeeper earns a profit of 20% on selling a book at 5% discount on printed price. Find the ratio of the...
• The cost price of 32 articles is equal to the selling price of 20 articles. Find the gain%.
• A trader offers his customers 15% discount and still makes 36% profit. What is the actual cost to him of an...
• A shopkeeper purchased 12 kg of rice at Rs. 720 and sold them at a loss equal to the selling price of 4 kg ...
• A man sells a book at profit of 30%. If he had bought it at 10% less and sold it for Rs. 8 less, he would h...
• A hall 25 m long and 20 m broad is surrounded by a veranda of uniform width of 5 m. The cost of flooring th...
• A shopkeeper offers 12% discount on plastic toys. He offers a further discount of 5% on cash payment. What ...
• Mr. Ajay has been appointed as an agent by an importer Mr. Shanti Prakash to handle the goods at port and d...