A style cloth emporium the shopkeeper measures 20 less for every...

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A style cloth emporium the shopkeeper measures 20% less for every metre of cloth also he marks-up goods by 20%. What is the profit percentage?

A. 50%

B. 65%

C. 75%

D. 85%

Answer: Option A

Solution(By Examveda Team)

Let CP = Rs. 100, then SP will be 120.
He gives cloth worth Rs. 80 instead of Rs. 100.
Hence,
% Profit = $$ {\frac{{120 - 80}}{{80}}} \times 100 = 50\% $$

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