A style cloth emporium the shopkeeper measures 20% less for every metre of cloth also he marks-up goods by 20%. What is the profit percentage?

**Option A):**

75%**Option B):**

65%**Option C):**

50%**Option D):**

85%

**Correct Answer is Option C):**

50%

**Explanation:**

Let CP = Rs. 100, then SP will be 120.

He gives cloth worth Rs. 80 instead of Rs. 100.

Hence,

% Profit = [(120 - 80) /80] *100 = 50%.