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The cost price of an article is 64% of the marked price. The gain percentage after allowing a discount of 12% on the marked price is
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- 37.5%
- 48%
- 50.5%
- 52%
Correct Option: A
Given , discount = 12%
Let marked price of article = ₹ 100
∴ C.P. of article = ₹ 64
∴ S.P. of article = ₹ 88
Profit = S.P. of article - C.P. of article = 88 - 64 = ₹ 24
| ∴ Profit percent = | ×100 | |
| C.P. of article |
| Profit percent = | ×100 = 37.5% | |
| 64 |
