ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    A shopkeeper fixes the marked price of an item

    35% above its cost price. The percentage of discount allowed to gain 8% is
    A 18% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 22% Correct Answer Incorrect Answer
    D 24% Correct Answer Incorrect Answer

    Solution

    Let the cost price = Rs 100
    then, Marked price = Rs 135
    Required gain = 8%,
    So Selling price = Rs 108
    Discount = 135 - 108 = 27
    Discount% = (27/135)*100 = 20%

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question