A shopkeeper marks up the price of an article and sells it at a price which is 40% more than the markup value. In the process, if he makes a profit of 75%, then the amount of profit made by him is what percent more than the amount of discount offered by him? Markup value = Marked price – Cost price.

Let the cost price be Rs. 100, making the profit Rs. 75 and the final selling price Rs. 175. Let the markup value over the cost price be M, so the selling price is 40% more than the markup value, meaning 175 = 1.4M, which gives M = 125. Since the markup value is Marked price - Cost price, we have 125 = Marked price - 100, so the Marked price is Rs. 225. The discount offered is 225 - 175 = Rs. 50, and the profit of Rs. 75 is ((75 - 50) / 50) * 100 = 50% more than the discount.

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