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The marked price of an article is 60% more than its cost price. What should be the discount (in %) offered by the shopkeeper so that he earns a Profit of 12%?

A12

B25

C30

D24

Answer:

C. 30

Read Explanation:

Let CP of the article = Rs. 100 MP = Rs. 160 Profit = 12% SP = 112 Discount given = 160 - 112 = 48 Discount% = 48100/160 = 30%


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