How much percentage above the cost price should a shopkeeper mark on his goods so that after allowing a discount of 10% he should gain 26% ?
A. 140%
B. 25%
C. 16%
D. 40%
Answer: Option D
Solution(By Examveda Team)
$$\eqalign{ & {\text{CP}} = {\text{100 }} - {\text{ D% }} \cr & \,\,\,\,\,\,\,\,\,\,\, = {\text{100 }} - {\text{ 10}} \cr & \,\,\,\,\,\,\,\,\,\,\, = {\text{90}} \cr & {\text{MP}} = {\text{100 + P% }} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{100 + 26}} \cr & \,\,\,\,\,\,\,\,\,\,\,{\text{ = 126}} \cr & {\text{Difference = 126 }} - {\text{ 90}} \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,{\text{ = 36}} \cr & {\text{Required }}\% = \frac{{36}}{{90}} \times 100 = 40\% \cr} $$Join The Discussion
Comments ( 1 )
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
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how 100-10?