general math MCQ #692

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

general math MCQ #692

  1. Question 1

    Q1. The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%. Profit-Loss

    • A) 37.50%
    • B) 38.50%
    • C) 42%
    • D) 27.50%

    Answer: 37.50%

    Explanation: With MP = 100, CP = 64, and SP after 12% discount = 88; profit% = (88−64)/64 × 100 = 37.5%.