A) 10%
B) 15%
C) 20%
D) 25%
Correct Answer: C
Solution :
Let the cost price of item \[=Rs.\,x\] \[\therefore \] \[80%\text{ of}\,x=84\] Or \[\frac{x\times 80}{100}=84\] Or \[x=\frac{100\times 84}{80}=Rs.105\] \[\therefore \] Profit on selling item for Rs. 126 \[=126-105=Rs.21\] Profit Per cent \[=\frac{21\times 100}{105}=20%\]You need to login to perform this action.
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