A shopkeeper marked a computer table for Rs.7,200. He allows a discount of 10% on it and yet makes profit of 8%. What will be his gain percentage if he does NOT allow any discount?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 20%.
| Understanding/Application |
|
M.P. of the computer table = Rs. 7200 Discount = 10% S.P. = (7200 × 90)/100 = Rs. 6480 Profit = 8% C.P. = (6480 × 100)/108 = Rs. 6000 |
| Gain percent if he does not allow any discount = [(7200 - 6000) × 100]/6000 = 20% |