An article worth Rs. 4,000 is sold at a profit of 10%. 2% discount is allowed on the sale price for cash payment. What is the net profit on cash sales?

An article worth Rs. 4,000 is sold at a profit of 10%. 2% discount is

1.	An article worth Rs. 4,000 is sold at a profit of 10%. 2% discount is allowed on the sale price for cash payment. What is the net profit on cash sales?
A.	Rs. 400
B.	Rs. 312
C.	Rs. 360
D.	Rs. 320
Answer» C. Rs. 360

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An article worth Rs. 4,000 is sold at a profit of 10%. 2% discount is allowed on the sale price for cash payment. What is the net profit on cash sales?

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