📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Marked price and cost price of an article are in the

      ratio 7:4, respectively. If the article was sold at discount of 20%, then find the gain percentage.
      A 45% Correct Answer Incorrect Answer
      B 40% Correct Answer Incorrect Answer
      C 32% Correct Answer Incorrect Answer
      D 50% Correct Answer Incorrect Answer

      Solution

      Let the marked price of the article be Rs. '7x' So, cost price of the article = 7x X (4/7) = Rs. '4x' Selling price of the article = 7x X 0.8 = Rs. '5.6x' So, gain earned = 5.6x - 4x = Rs. '1.6x' So, gain percentage = (1.6x/4x) X 100 = 40%

      Practice Next

      Relevant for Exams:

      ask-question