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    Question

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    A 2.4% Correct Answer Incorrect Answer
    B 2.9% Correct Answer Incorrect Answer
    C 3.1% Correct Answer Incorrect Answer
    D 2.7% Correct Answer Incorrect Answer

    Solution

    Let, the Cost price of the article be 100 Then marked price of the article is (100 + 40) = 140 Selling price is 73 (1/2)% of the marked price ⇒ 147/2 % of the marked price Selling price is {140 × (147/2)}/100 ⇒ (140 × 147)/200 ⇒ 102.9 Profit = (102.9 - 100) ⇒ 2.9 Profit percentage is (2.9 × 100)/100 ⇒ 2.9% ∴ The profifit percentage is 2.9%.

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