What is the profit percentage gained from selling an article? I. A 5% discount is applied to the list price. II. If no discount is granted, a profit of 20% is gained. III. The products' wholesale price is Rs. 5000.
A. Only I and II
B. Only II and III
C. Only I and III
D. None of these
Answer:A
What is the profit percentage gained from selling an article? I. A 5% discount is applied to the list price. II. If no discount is granted, a profit of 20% is gained. III. The products' wholesale price is Rs. 5000.
A. Only I and II B. Only II and III C. Only I and III D. None of these