The marked price of an ankle is 150 percent of the cost price. If 20 percent discount is given, then what will be the profit percentage?

20 percent 12.5 percent 25 percent 10 percent

20 percent

Marked price is 150% of the cost price means, MP = 150 CP = 100 20% discount on MP = 80% of 150 = 120 So the profit = 120 - 100 = 20%