An article is marked 35% above cost. If a profit of 20% is earned by selling the article, then the discount percent offered on the marked price of the article is:
A. 12%
B. $$10\frac{1}{9}\% $$
C. $$11\frac{1}{9}\% $$
D. 15%
Answer: Option C
Related Questions on True Discount
The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:
A. 12%
B. 13%
C. 15%
D. 14%
A. Rs. 9025.20
B. Rs. 9200
C. Rs. 9600
D. Rs. 9560
A. Rs. 12,000 in cash
B. Rs. 12,880 at credit
C. Both are equally good
D. Rs. 18.33
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