Cost price of an article is 64 % of marked price. gain percentage after allowing a discount of 12 %

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7.Profit and Loss

medium

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........$\%$

A

$37.5$

B

$48$

C

$50.5$

D

$52$

Solution

Let, the marked price of article be $₹100.$

Therefore,

$C.P.$ of article $=₹ 64$

So, $S.P.$ of article $=₹ 88$

Thus, profit $\%=\frac{88-64}{64} \times 100=37.5 \%$

Standard 13

Quantitative Aptitude

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