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      Question

      A shopkeeper increased the price of an article by 50% over

      its cost price. If the article is sold at a 10% discount, calculate the shopkeeper's gain percentage.
      A 12% Correct Answer Incorrect Answer
      B 17% Correct Answer Incorrect Answer
      C 21% Correct Answer Incorrect Answer
      D 35% Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the cost price of the article be Rs. '200z'

      So, marked price = 200z * 1.5 = Rs. '300z'

      So, selling price = 300z * 0.90 = Rs. '270z'

      So, required gain percentage = {(270z - 200z)/200z} * 100 = 35%

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