When an article is sold at its marked price, it gives a profit of 20%. If discount of 9.6% is allowed on the marked price, then what will be the profit percent?

9.48% 8.48% 7.28% 6%

8.48%

ATQ, If the article is sold at mark prcie: ⇒ MP  : CP = 120 : 100 and If the article is sold at discount of 9.6%, then ⇒ SP = 120 × \(\frac{90.4}{100}\) = 108.48 Hence, Profit percent =  \(\frac{8.48}{100}\) × 100% = 8.48%