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      Question

      A marked an article 58% above the cost price and sold it

      for Rs. 268.6 after giving a discount of 15%. Find the percentage profit earned by him if he sells the article for Rs. 250.
      A 30% Correct Answer Incorrect Answer
      B 32% Correct Answer Incorrect Answer
      C 25 Correct Answer Incorrect Answer
      D 31% Correct Answer Incorrect Answer

      Solution

      Marked price of the article = 268.6/0.85 = Rs. 316 Cost price of the article = 316/1.58 = Rs. 200 Desired Profit percentage = [(250 – 200)/200] × 100 = 25%

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