Question

A shopkeeper marked a computer table for Rs. 7,200. He allows a discount of 10% on it and yet makes a profit of 8%. What will be his gain percentage if he does NOT allow any discount?

• A. 18%
• B. 2%
• C. 9%
• D. 20%

Answer 1

Answer:

D. 20%

Relation between CP to MP = (100 – Discount) : (100 + Profit) (100 – 10) : (100 + 8) = 90 : 108 CP = 90 and MP = 108 Profit = 108 – 90 = 18 Profit percentage = 18/90 × 100 = 20%