Jeevan bought an article with 30 percent discount on the labelled price . He sold the article with 12 percent profit on the labelled price what was his percent profit on the price he bought?
40
50
Data inadequte
60
A
50
B
60
C
40
D
Data inadequte
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Solution
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Let labelled price = Rs.100
Jeevan brought at 30% discount =100−30
=70
12% profit on labelled price = 112
∴ Jeevan sold at Rs.112
Profit percentage =SP−CPCP×100
=112−7070×100
=60%
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