Question
A shopkeeper fixes the marked price of an item
35% above its cost price. The percentage of discount allowed to gain 8% isSolution
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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