Question

'A' buys a radio at 3/4th of its marked price and sells it at 20% more than the marked price. What is 'A' gain?​

Answer 1

Answer:

Correct option is

A

20%

Mark price = Rs. 3840

Discount = 10% on MP

Selling Price = 3840 - (10% of 3840) = Rs. 3456

CP + 8% of CP = 3456

CP + (8 CP/100) = 3456

100 CP + 8 CP = 345600

CP = Rs. 3200

It means the cost price was Rs. 3200

If selling price = marked price

Gain = 3840 - 3200 = Rs. 640

% gain = (640 *100) / 3200 = 20%.

Step-by-step explanation:

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