What is the percent profit earned by the shopkeeper on selling the articles in his shop? I. Labeled price of the articles sold was 130% of the cost price. II. Cost price of each article was Rs. 550. III. A discount of 10% on labeled price was offered.

Question cannot be answer even with information in all the three statements.

What is the percent profit earned by the shopkeeper on selling the art

1.	What is the percent profit earned by the shopkeeper on selling the articles in his shop? I. Labeled price of the articles sold was 130% of the cost price. II. Cost price of each article was Rs. 550. III. A discount of 10% on labeled price was offered.
A.	Only I
B.	Only II
C.	I and III
D.	All the three are required
E.	Question cannot be answer even with information in all the three statements.
Answer» D. All the three are required

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What is the percent profit earned by the shopkeeper on selling the articles in his shop? I. Labeled price of the articles sold was 130% of the cost price. II. Cost price of each article was Rs. 550. III. A discount of 10% on labeled price was offered.

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