A dealer marks his goods 20% above cost price. He then allows some discount on it and markets a profit of 8%. The rate of discount is ?

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Mathematics

asked Sep 07, 2023 at 09:12

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Answer 1

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Let C.P. = Rs. 100 ⇒ Marked price = Rs. 120, ⇒ S.P. = Rs. 108 ∴ Rate of discount = (12/120) x 100% = 10%

answered Sep 07, 2023 at 09:12

A

Answer 2

Let C.P. = Rs. 100 ⇒ Marked price = Rs. 120, ⇒ S.P. = Rs. 108 ∴ Rate of discount = (12/120) x 100% = 10%

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