A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is = ?
A. 20%
B. 27%
C. 31%
D. 43%
Answer: Option A
Solution(By Examveda Team)
$$\eqalign{ & {\text{Let C}}{\text{.P}}{\text{.}} = {\text{Rs}}{\text{. 100}}{\text{}} \cr & {\text{Then,}} \cr & {\text{M}}{\text{.P}}{\text{. = Rs}}{\text{. 135,}} \cr & {\text{S}}{\text{.P}}{\text{. }} = {\text{Rs}}{\text{.108}}{\text{}} \cr & \therefore {\text{Discount }}\% \cr & = \left( {\frac{{27}}{{135}} \times 100} \right)\% \cr & = 20\% \cr} $$Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
Join The Discussion