campus placement Infosys Mock Test Quantitative Aptitude Profit and Loss Discount and MP

A trader wants 10% profit on the selling price of a product whereas his expenses amount to 15% on sales. What should be his rate of mark up on an article costing Rs. 12?

1
20%
2
30%
3
\(\frac{{100}}{3}\%\)
4
\(66\frac{2}{3}\%\)
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