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 A shopkeeper bought an item at 10% discount on its original price. He sold it at 35% increase on the original price. What percentage profit did he get ?

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 A shopkeeper bought an item at 10% discount on its original price. He sold it at 35% increase on the original price. What percentage profit did he get ?

A). 30%

B). 40%

C). 50%

D). 60%


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Answered by on | Votes 0 |

50%



Let the original price be 100.
After discount it is 100 - 10 = 90
He sells it on 35% profit of original price.
So SP = 135
∴ % profit = 135-90/90 x 100 = 4500/90 = 50%

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