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      Question

       A shopkeeper marks an article 20% above cost price and

      gives 10% discount on marked price. What is the profit percent?
      A 12% Correct Answer Incorrect Answer
      B 8% Correct Answer Incorrect Answer
      C 10% Correct Answer Incorrect Answer
      D 20% Correct Answer Incorrect Answer

      Solution

      ATQ, Let cost price = 100 Marked price = 120 Selling price after 10% discount = 120 x 0.90 = 108 Profit = 108 - 100 = 8 Profit percent = 8%

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