The CP of an article is $64 %$ of the MP. If there is a discount of $12 %$ on the article, what is the profit percent?

37.5 %

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48 %

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50.5 %

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52 %

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Solution

The correct option is A $37.5 %$
Let the MP be 100.
Then, the CP is 64.
Discount is 12%. Hence, $S P = 100 - 12 = 88$ . Therefore,
$P r o f i t = 88 - 64 = 24$
For 64, the profit is 24.
For 100, the profit is $\frac{24}{64} \times 100 = 37.5 %$ .

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The CP of an article is 64% of the MP. If there is a discount of 12% on the article, what is the profit percent?

The correct option is A 37.5%Let the MP be 100.Then, the CP is 64.Discount is 12%. Hence, SP=100−12=88. Therefore,Profit=88−64=24For 64, the profit is 24.For 100, the profit is 2464×100=37.5%.

The CP of an article is $64 %$ of the MP. If there is a discount of $12 %$ on the article, what is the profit percent?

The correct option is A $37.5 %$
Let the MP be 100.
Then, the CP is 64.
Discount is 12%. Hence, $S P = 100 - 12 = 88$ . Therefore,
$P r o f i t = 88 - 64 = 24$
For 64, the profit is 24.
For 100, the profit is $\frac{24}{64} \times 100 = 37.5 %$ .