Correct option is B
Given:
Selling price of good = 42% above the cost price
Discount = 15%
Concept and Formula Used:
Discount % =
Profit percentage =
CP = Cost Price
SP = Selling Price
MP = Marked Price
Solution:
As per the question;
Let the CP = 100
MP = 142
SP = 142 ×85/100=120.7
Profit percentage =
= (120.7 -100)/100×100
Profit percentage = 20.7% ≈21%