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Quantitative Aptitude

Profit, Loss & Discount

The marked pr...

Question

The marked price of an article is $20$ % above the cost price. A discount of $10$ % is allowed to a customer. the profit per cent is :

A

6

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B

5

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C

8

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D

9

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Solution

The correct option is C $8$
Let $C P = 100 M P = 120 P = 10 % o f 120 = 120 \times \frac{10}{100} = 12$
Reduced price $= 120 - 12 = 108$
Reduced price $= (108 - 100) % = 8 %$

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