Question

A person marks a product 30% over the cost price
and then gives some discount If he makes a profit
of 4%, what is percentage discount that he offered
on the marked price?
(A) 20%
(B) 10%
(C) 26%
(D) 16%​

Answer 1

Answer:

let the cost price is Rs 100

then marks orice is Rs(100+30)=Rs 130

he makes a profit of 4%

so selling price is Rs 104

discount = Rs (130-104) =Rs 26

let x% discount

so,

130.x/100=26

=> 13 x=26×10

=> x=26×10/13=20

so he offered 20% discount