### The cost price of an article is 80% of its marked price for sale. How much per cent does the tradesman gain after allowing a discount of 12%?

A. 20% B. 12% C. 10% D. 8% Answer: Option C

### Solution(By Apex Team)

Let the marked price = Rs. 100 Then the cost price = 80% of 100 = Rs. 80 After allowing 12% discount on MP, SP become = Rs. 88. % profit = $\frac{8 \times 100}{80}$ = 10%

## Related Questions on Profit and Loss

A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51

A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000

### A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%