A trader lists his article 20% above the cost price and allows a discount of 10%

A trader lists his article 20% above the cost price and allows a discount of 10% on cash payment. His gain percent is
(a) 6%
(b) 10%
(c) 5%
(d) 8%

Anurag Mishra Professor Asked on 24th March 2016 in Maths.
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2 Answer(s)

let cp =100

marked price or list price  120

sp =  90/100*120 =  108

profit =  sp-cp   =  108-100 = 8

gain % =  profit / cost price*100   = 8% laaabh hua

mohit007 Default Answered on 26th March 2016.
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Answer: (d) 8% 

Anurag Mishra Professor Answered on 11th May 2016.
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