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    Question

    By how much % should a shopkeeper increase the marked

    price of his item so that the customer gets a profit of 8% even after giving a discount of 10%?
    A 15% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 25% Correct Answer Incorrect Answer
    D 18% Correct Answer Incorrect Answer

    Solution

    Let - CP = 100 Marke price = y Then – SP = 100 ×108/100 = 108 Rs SP = mark price ×90/100 108=y ×9/10 Y = 120 Rs  Increase = 120 – 100 =20 Increase % = 20/100 ×100 =20%  

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