1.

Karthik marked an article at 60% above its cost price. He sold it at profit after 2 successive discounts of 10% each. Find the profit percentage.A. `40%`B. `35.5%`C. `20%`D. `29.6%`

Answer» Correct Answer - D
Let the cost price of the article be ₹ 100.
Its marketed price`=100(1+(60)/(100))`
₹ 160
Its selling price=₹ 160 `(1-(10)/(100))-(1-(10)/(100))`
`=129.6`
`:.` Profit percentage =29.6%


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