Question

An article is marked at 100% above its cost price. After allowing two successive discounts of 5% and 20% respectively on the marked price, it is sold at x% profit. What is the value of x?

• A. 52
• B. 68
• C. 72
• D. 48

Answer 1

Answer:

A. 52

Let the CP of the article be 100 MP of the article = 100 × (200/100) = 200 SP of the article after two discount = 200 × (95/100) × (80/100) = 152 Required percentage = [(152 – 100)/100] × 100 = 52%