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How much percent above the cost price should a shopkeeper marks...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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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 = ?

Answer & Solution
Correct Answer: Option A
According to the question,
Cost Price : Marked Price
(100 - Discount%)   :   (100 + Profit%)
100 - 12 : 100 + 32
88 : 132
44 units hike

$$\eqalign{ & \therefore {\text{Hike}}\% = \frac{{44}}{{88}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 50\% \cr} $$
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1 Comment
Parvesh Parvesh
Parvesh Parvesh 7 years ago
Even discount gave on cost price ?
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