The cost price of an article is ₹ 800. Its marked price is ₹ 1,060. If the shopkeper suffers a loss of 12% on its sale, then the discount allowed on the article (approximately) is

A

$$30\frac{1}{2}\%$$

B

$$32\frac{1}{3}\%$$

C

$$33\frac{1}{2}\%$$

D

$$35\%$$