Q178
How much percent above the cost price should a shopkeeper marks his goods so as to earn a profit of 32% after allowing a discount of 12% on the marked price = ?
A.
50%
AnswerB.
40%
C.
60%
D.
45%
Answer: Option A
Solution
Answer: Option A
Solution:
According to the question,
| Cost Price | : | Marked Price |
| (100 - Discount%) | : | (100 + Profit%) |
| 100 - 12 | : | 100 + 32 |
| 88 | : | 132 |
| 44 units hike | ||