Marked price of an article is 60% more than its cost price. If the article is sold at a profit of 20%, then what will be the discount percentage?

Marked price of an article is 60% more than its cost price. If the art

1.	Marked price of an article is 60% more than its cost price. If the article is sold at a profit of 20%, then what will be the discount percentage?
A.	37.5%
B.	17.5%
C.	15%
D.	25%
Answer» E.

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Marked price of an article is 60% more than its cost price. If the article is sold at a profit of 20%, then what will be the discount percentage?

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