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A shopkeeper gains 25% by selling an item at a 37.5% discount on its marked price. If the cost price increases by 20% and the shopkeeper wishes to maintain the same profit percentage, what discount should he offer?
24%
25%
23%
22%
25%
Practice and solve "A shopkeeper gains 25% by selling an item at a 37.5% discount on its marked price. If the cost price..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: 25%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "A shopkeeper gains 25% by selling an item at a 37.5% discount on its marked price. If the cost price..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: 25%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.