Multiple choice

Passage

Directions: The table given below gives information about the profit percent earned by the shopkeepers (A - E) on various items. Shopkeeper/Item P Q R S T A 25% 20% 20% 30% B 18% 30% 15% 30% 20% C 12% 30% D 18% 25% 14% 15% E 15% 15% 18% 10%

If shopkeeper E offered 15% discount on item R and the marked price was 30% more than CP of item R, then find the profit percent?

  1. 10.5%

  2. 12.5%

  3. 14%

  4. 15%

  5. None of these
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A Correct answer
Explanation

Let CP = 100. MP = 130. After 15% discount, SP = 130 * 0.85 = 110.5. Profit = 110.5 - 100 = 10.5%.

AI explanation

Assume the cost price of item R is 100 rupees. The marked price is 30% more than the cost price, making it 130 rupees. Shopkeeper E offers a 15% discount on this marked price, so the selling price becomes 130 minus 15% of 130, which equals 110.5 rupees. The profit is 10.5 rupees on the cost price of 100 rupees, making the profit percent 10.5%.

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