Question

A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is

Answer 1

Answer:

Discount allowed is 20%

Step-by-step explanation:

Let the cost price = Rs 100

then, Marked price = Rs 135

Required gain = 8%,

So Selling price = Rs 108

Discount = 135 - 108 = 27

Discount% = (27/135) x 100 = 20%

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Answer 2

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