The printed price of an article is 40% higher than its cost price. Then the rate of discount such that he gains 12% profit is

The printed price of an article is 40% higher than its cost price. The

1.	The printed price of an article is 40% higher than its cost price. Then the rate of discount such that he gains 12% profit is
A.	21%
B.	15%
C.	20%
D.	18%
Answer» E.

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The printed price of an article is 40% higher than its cost price. Then the rate of discount such that he gains 12% profit is

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