Question

A shopkeeper fixes the marked price of an item $35\%$ above its cost price. The percentage of discount allowed to gain $8\%$ is

• A. $15\%$
• B. $20\%$
• C. $25\%$
• D. $30\%$

Answer 1

The correct option is B $20\%$

Let the cost price $=$ Rs. $100$
Then, marked price $=$ Rs. $135$
Required gain $=8\%$
So, selling price $=$ Rs. $108$
Discount $=135-108=27$
Discount $\%=\frac{27}{135}\times 100=20\%$