Question

Naveen offers a discount of 20% on all the items at his shop and still makes a profit of 12%. What is the cost price of the article marked at
R 2800?

Answer 1

Answer:

Correct option is

C

50 %

S.P.of 12 note book-C.P.of 12 note book=S.P. of 4 note book

C.P.of 12 note book=S.P.of 8 note book

Let C.P.of each note book=1 Rs.

Then C.P of 8 note book=8 Rs.

S.P. of 8 note book=12 Rs.

∴Profit=12−8=4

Profit %=84×100=50