A tradesman allows a discount of 15% on the marked price. How much above the cost price must he mark his goods as to gain 19% ?
A. 34%
B. 40%
C. 25%
D. 30%
Answer: Option B
Solution (By Examveda Team)
According to the question,| Cost Price | : | Marked Price |
| (100 - Discount) | : | (100 + Profit) |
| 100 - 15 | : | 100 + 19 |
| 85 | : | 119 |
| 34 units more | ||
$$\eqalign{ & {\text{Raised}}\% = \frac{{34}}{{85}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 40\% \cr} $$
This Question Belongs to Arithmetic Ability >> Profit And Loss
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