A) 5% |
B) 6% |
C) 8% |
D) 10% |
C) 8% |
Let the CP = x
Marked price of item = \( \Large x \times \frac{120}{100}=Rs.\frac{6x}{5} \)
Then, selling price of item = \( \Large \frac{6x}{5} \times \left(\frac{100-10}{100}\right)=Rs.\frac{27x}{25} \)
Profit = \( \Large \frac{27x}{25}-x \)
\( \Large = \frac{2x}{25} \)
Profit% = \( \Large \frac{25}{x} \times 100\% \) = 8%