SOLUTION: a shopkeeper marked the price of an article to have a profit of 10%.however,later on,he allows a discount of 5% to the customer.find his profit percentage

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Question 905425: a shopkeeper marked the price of an article to have a profit of 10%.however,later on,he allows a discount of 5% to the customer.find his profit percentage
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
profit/Price = .10
profit = .10P Discounted P = .95P
profit = .10(.95P) = .095P 0r 9.5% profit