Question

A dealer marked his goods $20$% above the cost price and allows a discount of $10$%. Then, the gain percent is

• A. $2$%
• B. $4$%
• C. $6$%
• D. $8$%

Answer 1

The correct option is D $8$%

Let CP be $=100$
MP $20$% above CP$=120$
After allowing Discount of $10$%
$SP=\frac{90}{100}\times 120=108$
Gain $=8$%