An article is marked 50% above cost price and sold at a discount of 20%. The profit percentage is:

A 10%

B 15%

C 20%

D 25%

✓ Correct Answer: Option C

Let CP=100. MP=150. SP=150×0.8=120. Profit=20%.

💡 Why is C) the correct answer?

The correct answer to the question "An article is marked 50% above cost price and sold at a discount of 20%. The profit percentage is:" is Option C: 20%.

The other options — A) 10%, B) 15%, D) 25% — are incorrect for this Mathematics question. As explained above: Let CP=100. MP=150. SP=150×0.8=120. Profit=20%.

📚 About This Mathematics Practice Question

This 2-level Mathematics question from the Quantitative Reasoning topic is part of One Paper Preparation's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free Mathematics practice test or use flashcards for spaced repetition review.

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An article is marked 50% above cost price and sold at a discount of 20%. The profit percentage is:

✓ Correct Answer: Option C

📚 About This Mathematics Practice Question

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