A shopkeeper marks his goods 30% above the cost price and gives a discount of 10%. What is his profit percent?
A. 17%
B. 20%
C. 15%
D. 18%
A. 17%
B. 20%
C. 15%
D. 18%
Best answer
Answer: A. 17%
Answer: (A) 17%
Shortcut: \(30 - 10 - \frac{30 \times 10}{100} = 17\%\).
Plain: CP 100 → MP 130 → SP 117. Profit = 17%.
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