A shopkeeper sold an article offering a discount of 5% and earned a profit of 38.7%. What would have been the percentage of profit earned if no discount had been offered?
Choose the correct choice from the following answers.
A) 28.5	B) 46	C) 30	D) data inadequate	E) none of these

Rationale: "giving no discount to customer implies selling the product on printed price . suppose the cost price of the article is 100 . then printed price = 100 ã — ( 100 + 38.7 ) / ( 100 â ˆ ’ 5 ) = 146 hence , required % profit = 146 â € “ 100 = 46 % answer b"
Answer: B