Q. A trader marks an article 50% above the cost price and allows two successive discounts of 20% and 10%. His profit percentage is:
✅ Correct Answer: (B)
8%
Explanation: Assume CP = ₹100. MP = ₹150. Selling price = 150 × 0.8 × 0.9 = ₹108. Profit = 8%.
Explanation by: Mr. Dubey
Assume CP = ₹100. MP = ₹150. Selling price = 150 × 0.8 × 0.9 = ₹108. Profit = 8%.