Question

    A shopkeeper sold his goods at half the list price and

    thus lost 17%. If he had sold on the listed price, then his gain percentage would be:
    A 17% Correct Answer Incorrect Answer
    B 41% Correct Answer Incorrect Answer
    C 83% Correct Answer Incorrect Answer
    D 66% Correct Answer Incorrect Answer

    Solution

    Let the C.P. of an article be Rs. 100 and the Marked price of an article be Rs.x According to the question, =1/2 × x =100×83/100 X =166. Then Profit =166-100 =66%

    Practice Next