Question
A trader wishes to gain 20% after allowing 10% discount on the marked price to his customers. At what per cent higher than the cost price must he marks his goods ?
Answer: Option D
Answer: (d)Let the CP be Rs.100.Then SP = Rs.120Let the marked price be x.Then, 90% of x = Rs.120$x = {120 × 100}/90$= $400/3 = 133{1}/3$It is $33{1}/3$% higher than the CP.
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Answer: (d)Let the CP be Rs.100.Then SP = Rs.120Let the marked price be x.Then, 90% of x = Rs.120$x = {120 × 100}/90$= $400/3 = 133{1}/3$It is $33{1}/3$% higher than the CP.
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