Question

    A trader marked an article 50%

    above its cost price. If he sold the article at 20% discount, find the gain percentage of the trader.
    A 25% Correct Answer Incorrect Answer
    B 22% Correct Answer Incorrect Answer
    C 20% Correct Answer Incorrect Answer
    D 18% Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of the article be Rs.100x. Marked price = 100x × 1.5 = Rs.150x Selling price = 150x × 0.8 = Rs.120x

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