A shopkeeper makes a loss of 12% by selling an item at 80% of its marked price. What will be the percent profit made by the shopkeeper if he sells the item at 95% of its marked price?

A shopkeeper makes a loss of 12% by selling an item at 80% of its marked price. What will be the percent profit made by the shopkeeper if he sells the item at 95% of its marked price? Correct Answer 4.5% profit

let, market price 100tk when market price 80tk then selling price (100 - 12) = 88tk when market price 95tk then selling price will be = (88*95)/80 = 104.5 so, profit = 104.5 - 100 = 4.5% ans: 4.5%
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