When a discount of 20% is given on a sweater, the profit is 28%. If the discount is 14%, then the profit is
Answer : Option D
Explanation : Let the C.P. of sweater be Rs. 100 and its marked price be Rs. x. According to the question, Rs. 160 When discount = 14%, then S.P. of sweater = 160 × (100 – 14)% Rs. ∴ C.P. = Rs. 100 ∴ Profit per cent = 37.6% 
Alternative:
In this case. S.P. will be equal
M.P. (100 – Discount) = C.P. (100 + Gain)
M.P. (100 – 20) = C.P. (100 + 28)
In 2nd case,
14% discount on M.P.
S.P. = 14% of 128 – 128
= 128 – 17.92
= 110.08
∴ C.P.= 80, S. P. = 110.08
Gain
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