A

Admin • 828.03K Points
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Q. 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 ?

  • (A) 12%
  • (B) 10%
  • (C) 6%
  • (D) 4%
  • Correct Answer - Option(B)
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  • Filed under category Math
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Explanation by: Admin
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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