Question
Quantitative Ability and Data Interpretation Question on Profit and Loss
An article is marked x% above the cost price. A discount of 32x% is given on the marked price. If the profit is 4% of the cost price and the value of x lies between 25 and 50, then the value of 50% of x is?
A
12
B
16
C
13
D
15
E
20
Answer
15
Explanation
Solution
The correct option is (D) :15.