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      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%

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