A shopkeeper sold an article offering a discount of 5% and earned a profit of 20.65%. What would have been the percentage of profit earned if no discount was offered?
Choose the correct answer:
A) 60 %
B) 27 %
C) 30 %
D) 56 %
E) 73 %

Rationale: "let c . p . be rs . 100 . then , s . p . = rs . 120.65 let marked price be rs . x . then , 95 / 100 x = 120.65 x = 12065 / 95 = rs . 127 now , s . p . = rs . 127 , c . p . = rs . 100 profit % = 27 % . answer : b"
Answer: B