How much percent more than the cost price should a shopkeeper mark his goods so

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How much percent more than the cost price should a shopkeeper mark his goods so that after allowing a discount of 25% on the marked price, he gains 20% ?

Options:

A . 55%

B . 60%

C . 70%

D . 50%

Answer: Option B
Answer: (b)Let C.P.of article = Rs.100If the marked price of article be x, then$x × 75/100$ = 120$x = {120 × 100}/75$ = 160i.e. 60% above the cost priceUsing Rule 9,r = 25%, R = 20%Required percentage= $({r + R}/{100 - r} × 100)$%= $({25 + 20}/{100 - 25} × 100)$%= $45/75 × 100$ = 60%

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