A shopkeeper marks he price 15% higher than the original price, then due to festival demand, he further increases the price by 20%. What % of profit he gets? |
|||||||

a) |
17.45% |
b) |
65% |
c) |
35% |
d) |
38% |

A shopkeeper marks he price 15% higher than the original price, then due to festival demand, he further increases the price by 20%. What % of profit he gets? |
|||||||

a) |
17.45% |
b) |
65% |
c) |
35% |
d) |
38% |

1 Answer - 5876 Votes

3537

Let the original price= 100. As marked price is 15% more than the original price

∴ Marked price=100+15% of 100 = 115. Again the price is increased by 20%

∴ New price=115+20% of 115 = 115+

Now, original price= 100

New price= 138

∴ Profit %=138-100=38%

**Alternative Method (I):**

Let the original price= 100

100 115 138

+15 +23

⇒ profit %=38%

**Alternative Method (II) (Using T-1):**

If the value is increased successively by and then profit % is given by

∴ Required profit % =