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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