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    Question

    The marked price of an article is 26% more than its cost

    price. If a discount of 32% is given, what will be the loss percentage? 
    A 18.64% Correct Answer Incorrect Answer
    B 15.25% Correct Answer Incorrect Answer
    C 12.26% Correct Answer Incorrect Answer
    D 14.32% Correct Answer Incorrect Answer

    Solution

    Let the cost price (CP) be 100. Marked price (MP) = 100 + 26 = 126 Selling price after 32% discount = 126 − (32% × 126) = 126 − 40.32 =85.68. Loss = 100 − 85.68 = 14.32. Loss percentage = 14.32/100 × 100 =14.32% 

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