Rajendra marks up the price of an article by 50% and then allows a discount of 20% and sells it to Alok. Alok sells it for Rs 20 more than what he purchased for, this SP is 30% more than the original CP of the article. Then Alok's profit % is

Options

A. `7.5%`
B. `6.66%`
C. `8.33%`
D. `9%`

Answer

C