Profit and Loss - Arithmetic Aptitude Questions and Answers

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The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%?

37.5%

48%

50.5%

52%

Answer : Option A

Explanation :

Let marked price = Rs. 100.

Then, C.P. = RS. 64, S.P. = Rs. 88

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