1) The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 12%. A) 37.5% B) 48% C) 50.5% D) 52% E) 60% Answer: Option AExplanation:Let marked price = Rs. 100. Then, C.P = Rs. 64. S.P = Rs. 88. $\therefore$ Gain % $=\left(\frac{24}{64} \times 100\right)$% $=37.5$%
