The marked price of an item is twice the cost price. For a gain of 15%, the discount should be:
A. 7.5%
B. 20.5%
C. 32.5%
D. 42.5%
Answer: Option D
Solution(By Examveda Team)
Let CP = Rs. 100MP = Rs. 200
Gain = 15%
SP = 100 + 15% of 100 = Rs. 115
Discount = 200 - 115 = 85
% Discount = $$\frac{{85 \times 100}}{{200}}$$ = 42.5%
Related Questions on Profit and Loss
A. 45 : 56
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C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
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C. A makes a profit of 20%
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