Question

The marked price of an article is 40% more than its cost price. If 10% discount is given, then what is the profit percentage?

• A. 10
• B. 20
• C. 26
• D. 18

Answer 1

Answer:

C. 26

CP = 100 MP = 40% more than CP = 140 Discount = 10% of MP = 14 SP = MP - Discount = 140 - 14 = 126 Profit = 126 - 100 = Rs. 26 Profit % = 26/100 ⨯ 100 = 26%