How much percent above the cost price should a shopkeeper marks his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price = ?
A. 50%
B. 40%
C. 60%
D. 45%
Answer: Option A
Solution (By Examveda Team)
According to the question,| Cost Price | : | Marked Price |
| (100 - Discount%) | : | (100 + Profit%) |
| 100 - 12 | : | 100 + 32 |
| 88 | : | 132 |
| 44 units hike | ||
$$\eqalign{ & \therefore {\text{Hike}}\% = \frac{{44}}{{88}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 50\% \cr} $$
This Question Belongs to Arithmetic Ability >> Profit And Loss
Even discount gave on cost price ?