Q119
An article is marked 35% above cost. If a profit of 20% is earned by selling the article, then the discount percent offered on the marked price of the article is:
A.
12%
B.
C.
Answer
D.
15%
Answer: Option C
Solution
Answer: Option C
Solution:
Let cost price = 100\begin{array}{*{20}{c}} {{\text{Cost price}}}&{}&{{\text{Selling price}}}&{}&{{\text{Marked price}}} \\ {100}&:&{120}&:&{135} \end{array}
Discount % = × 100 =