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An article was bought for ₹4,000. Its price was marked up by 40%. Thereafter, it was sold at a discount of 20% on the marked price. What was the per cent profit on the transaction? 431
14%
12%
11%
10%
12%
Practice and solve "An article was bought for ₹4,000. Its price was marked up by 40%. Thereafter, it was sold at a disco..." for Mathematics - Previous Year Paper 2024. The correct answer is Option B: 12%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "An article was bought for ₹4,000. Its price was marked up by 40%. Thereafter, it was sold at a disco..." for Mathematics - Previous Year Paper 2024. The correct answer is Option B: 12%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.