A dealer sells an article by allowing a 15% discount on its marked price and gains 12%. If the cost price of the article is increased by 10%, how much discount percentage should he allow now on the same marked price so as to earn the same percentage profit as before?

A dealer sells an article by allowing a 15% discount on its marked pri

1.	A dealer sells an article by allowing a 15% discount on its marked price and gains 12%. If the cost price of the article is increased by 10%, how much discount percentage should he allow now on the same marked price so as to earn the same percentage profit as before?
A.	7%
B.	6.5%
C.	7.5%
D.	6%
Answer» C. 7.5%

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A dealer sells an article by allowing a 15% discount on its marked price and gains 12%. If the cost price of the article is increased by 10%, how much discount percentage should he allow now on the same marked price so as to earn the same percentage profit as before?

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