Profit & Loss



Question (11/90)

A shopkeeper fixes the marked price of an item 35% above its Cost Price (CP). What percent discount on Marked Price (MP) will result in gain of 8% ?

(A)  20%


(B)  25%


(C)  30%


(D)  35%


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Question (12/90)

A trader marked the selling price of an article at 10% above the cost price. At the time of selling, he allows certain discount and suffers a loss of 1%. How much discount did he allow ?

(A)  9%


(B)  10%


(C)  11%


(D)  12%


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