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8th Class Mathematics Comparing Quantities Question Bank Percentage, Profit and Loss

  • question_answer
    A trader lists his articles at 20% above cost price and allows a discount of 10% on cash payment. Find his gain percent.

    A)  8%  

    B)  9%          

    C)  10%                            

    D)  12%

    Correct Answer: A

    Solution :

    (a): Let C.P = x L.P. (list price) = 1.2x After discount, \[S.P=1.2x\frac{90}{100}=1.08x\] \[Gain\text{ }%=\frac{\left( 1.08x-x \right)}{x}\times 100%=8%.\]


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