NIFT PG 2019 Question Paper with solutions

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Question : 29 of 150

Marks: +1, -0

A dealer marks his goods at

40 \%

above the cost price and allows a discount of

20 \%

on the marked price. The dealer has a

loss of $20 \%$
gain of $25 \%$
loss of $12 \%$
gain of $12 \%$

Solution:

Let the CP of article be

₹ 100

.

∴

Marked price

=₹ 140

{SP}=\;{140 × 80}/{100}=₹ 112

∴

Gain per cent

=\;{112-100}/{100} × 100=12 \%

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