-
20% profit is made when a discount of 20% is given on the marked price. When the discount is 30% profit will be
-
- 4%
- 5%
- 6%
- 7.5%
Correct Option: B
Let the marked price of article be Rs. M and its C.P. be Rs. 100.
According to the question,
M × | = | ||
100 | 100 |
⇒ M = | = Rs. 150 | |
90 |
S.P. after a discount of 30% = | |
100 |
Selling Price = Rs. 105 i.e. gain = 5%