A shopkeeper earns a profit of 25% by selling an article at a discount of 37.5% on its marked price. If the cost price increases by 20% and the shopkeeper wants to maintain the same profit percentage, how much discount should he offer?
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) 25%
- (B) 22%
- (C) 24%
- (D) 23%
Verified Answer
Option (A): 25%
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