An article was purchased for Rs. 78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?

An article was purchased for Rs. 78,350. Its price was marked up by

1.	An article was purchased for Rs. 78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?
A.	1%
B.	2%
C.	3%
D.	4%
Answer» E.

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An article was purchased for Rs. 78,350. Its price was marked up by 30%. It was sold at a discount of 20% on the marked up price. What was the profit percent on the cost price?

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