An article is marked at a price that is 20% more than its cost price. After allowing a certain discount on the marked price, the profit reduces to 10%. The discount percentage is

An article is marked at a price that is 20% more than its cost price.

1.	An article is marked at a price that is 20% more than its cost price. After allowing a certain discount on the marked price, the profit reduces to 10%. The discount percentage is
A.	12%
B.	\(10\frac{1}{3}\)%
C.	\(7\frac{1}{3}\)%
D.	\(8\frac{1}{3}\)%
Answer» E.

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An article is marked at a price that is 20% more than its cost price. After allowing a certain discount on the marked price, the profit reduces to 10%. The discount percentage is

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