A) \[20%\]
B) \[100%\]
C) \[80%\]
D) \[25%\]
Correct Answer: A
Solution :
Let the C.P. be \[Rs.\,100\Rightarrow \] is \[Rs.\,108\]. Let the M.P. of the goods be Rs. x. Since discount of 10% is allowed on M.P. and sold at 8% gain, 90% of \[x=Rs.\,108\] \[\Rightarrow \] \[x=108\times \frac{100}{90}=Rs.\,120\] \[\therefore \] The goods must be marked at 20% above the C.P.You need to login to perform this action.
You will be redirected in
3 sec