Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-18

  • question_answer
    An article is marked 20% above cost price. The shop keeper allows a discount of 10% on it. What is his gain or loss per cent?

    A)  10%                

    B)  8%

    C)  9%                  

    D)  None of the above

    Correct Answer: B

    Solution :

    Let cost price of article = Rs. 100 \[\therefore \]Marked price of article = 100+ 120 = Rs. 120 At 10% discount, Selling price\[=120\times \frac{90}{100}=\,\,Rs.\,\,108\] Gain \[108-100=\,\,Rs.\,8\] Gain percentage\[=\frac{8}{100}\times 100\] = 8%


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