IBPS
Government Jobs Exams
Numerical Ability
Profit and Loss
The marked price of an article is Rs. 5000 but due to festive offer a certain percentage of discount is declared. Mr. X availed this opportunity and bought the article at reduced price. He then sold it at Rs. 5000 and thereby made a profit of 11⅟₉%. The percentage of discount allowed was?
A) 10% B) 20% C) 25% D) 12% E) 15%
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