Question
Rohit marked his goods $40 \%$ above his cost price. He sold it after a discount at $12 \%$ profit. Find his discount percentage.(A) $20 \%$(B) $25 \%$(C) $15 \%$(D) $30 \%$
Step 1
We know that Rohit marked his goods $40 \%$ above his cost price, so we can write this as: \[MP = CP + 0.40CP = 1.40CP\] Show more…
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