Question

11. 20% on sales means ?​

Answer 1

Answer:

[A]16\frac{2}{3}\%

[B]20

[C]24

[D]8\frac{1}{3}\%

\mathbf{16\frac{2}{3}\%}

If the cost price is 100 Rs. Then selling price = 120 Rs.

and gain = 20 Rs.

Required gain % = \frac{20}{120}\times 100

= \frac{50}{3} = 16\frac{2}{3}\%

Hence option [A] is the right ...

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