Question

The cost price of an article is 64% of the marked price. Calculate the gain percent after allowing a discount of 4%.

• A. 60%
• B. 45%
• C. 40%
• D. 50%

Answer 1

Answer:

D. 50%

100 is the selling price

64 is the cost price

after 4% discount

selling price is $100-4=96$

$96-64=32$

$32/64=50$%