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**Cost Price:** -
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## #1 2015-04-16 07:46:46

### Cost Price:

**Question:**

The cost price of an article is 80% of its marked price for sale. How much per cent does the tradesman gain after allowing a discount of 12%?

**Option A):**

20**Option B):**

10**Option C):**

12**Option D):**

8

**Correct Answer is Option B):**

10

**Explanation:**

Let the marked price = Rs. 100;

Then the cost price = Rs. 80;

After allowing 12% discount on MP,

SP become = Rs. 88.

% profit = 8*100/80 = 10%.

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## 2015-04-16 07:46:46

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### Re: Cost Price:

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