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 A shopkeeper sold an item for Rs 600 after giving 20% discount on the labelled price and made 24% profit on the cost price. What would have been the percentage profit if he had not given the discount

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 A shopkeeper sold an item for Rs 600 after giving 20% discount on the labelled price and made 24% profit on the cost price. What would have been the percentage profit if he had not given the discount

A). 45 %

B). 55 %

C). 75 %

D). 95 %


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Answered by on | Votes 0 |

55 %



Required percentage profit 
= 20+24/100-20 x 100
= 44x100/80
= 55%

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