
1. An item sold at 10% discount gives 17% profit, what would be the percentage profit if discount increased to 15% ?
A. 12%
B. 11%
C. 10%
D. 10.5%
E. None of these
Sol. Lets assume C.P. to be 100
Then S.P. will be 117 (as profit 17%)
Now, 117 = (90/100)*M.P. (As discount is 10%)
M.P.= 130
When...