An article is marked at a price which is 1.2 times its cost price. After allowing a certain discount on the market price, the profit reduces to 10%. The discount percent is:

An article is marked at a price which is 1.2 times its cost price. Aft

1.	An article is marked at a price which is 1.2 times its cost price. After allowing a certain discount on the market price, the profit reduces to 10%. The discount percent is:
A.	10
B.	8(1/3)
C.	8(2/3)
D.	9
Answer» C. 8(2/3)

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An article is marked at a price which is 1.2 times its cost price. After allowing a certain discount on the market price, the profit reduces to 10%. The discount percent is:

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