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

$$\eqalign{ & \therefore {\text{Hike}}\% = \frac{{44}}{{88}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 50\% \cr} $$