A bought an article, paying 5% less than the original price. A sold it with 20% profit on the price he had paid. What percent of profit did A earn on the original price = ?

Solution (By Examveda Team)

$$\eqalign{ & {\text{Real}}\,{\text{Price}} = 100 \cr & {\text{CP}} = 95 \cr & {\text{SP}} = 95 \times \frac{{120}}{{100}} \cr & \,\,\,\,\,\,\,\,\, = 114 \cr & \therefore {\text{Profit}}\% = 14\% \cr} $$