Question

The cost price of an article is $64\%$ of the marked price. Calculate the gain per cent after allowing a discount of $12\%$.

• A. $52\%$
• B. $48\%$
• C. $50.5\%$
• D. $37.5\%$

Answer 1

The correct option is D $37.5\%$

Let the marked price be Rs. $100$.

Then, C.P. $=$ Rs. $64$

and S.P. is $=$ Rs. $88$.

Therefore, gain $\%$ $=\frac{24}{64}\times 100=37.5\%$