Comprehension Passage
Direction: Study the following information carefully and answer the given questions based on it.
The following pie chart shows the distribution of total profit earned by six different brands of watches which is sold by a watch shop.
The total profit earned by shopkeeper is INR 12400. The shopkeeper had only one Rolex Watch. He marks its price 60% above Cost Price and gain a profit of 40% thus, find the discount percentage given by him.
1
5%
2
7%
3
8.5%
4
10%
5
12.5%