Question

The marked price of an article is 60% more than its cost price. What should be the discount (in %) offered by the shopkeeper so that he earns a Profit of 12%?

• A. 12
• B. 25
• C. 30
• D. 24

Answer 1

Answer:

C. 30

Let CP of the article = Rs. 100 MP = Rs. 160 Profit = 12% SP = 112 Discount given = 160 - 112 = 48 Discount% = 48100/160 = 30%