The marked price of a pen is Rs.60. After allowing a discount 10%, the merchant makes a profit of 20%. What is the cost price of the pen?

The marked price of a pen is Rs.60. After allowing a discount 10%,

1.	The marked price of a pen is Rs.60. After allowing a discount 10%, the merchant makes a profit of 20%. What is the cost price of the pen?
A.	15 %
B.	30 %
C.	45 %
D.	60 %
Answer» D. 60 %

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The marked price of a pen is Rs.60. After allowing a discount 10%, the merchant makes a profit of 20%. What is the cost price of the pen?

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