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Question

At what percentage above the C.P. must an article be marked so as to gain 33% after allowing a customer a discount of 5%?

Options:
A .  35%
B .  40%
C .  45%
D .  55%
E .  None of these
Answer: Option B
 -    Let C.P. = Rs. 100 Then, S.P. = Rs= 133.
  Let marked price be Rs. x
  Then, 95% of x = 133
  = 95 x /100 = 133
  = (133 x 100/95)=140
 
  Marked price = 40% above C.P.

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