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If the cost price of an item is (5 / 9) of its marked price and the profit is 20%, then the percentage of discount is
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70 1 % 3 -
63 1 % 3 -
33 1 % 3 -
66 1 % 3
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Correct Option: C
Let Marked price of article = Rs. p
| ∴ C.P. of article = Rs. | 9 |
If the rate of discount be q %, then
From the question ,
| ∴ p × (100 – q)% = 120 % of | 9 |
| ⇒ 100 – q = | × 120 | 9 |
⇒ 300 – 3q = 200
⇒ 3q = 300 – 200 = 100
| ⇒ q = | = 33 | % | 3 | 3 |
