By selling an umbrella for Rs. 30, a merchant gains 20%. During a clearance sale, the merchant allows a discountof 10% on the marked price (the price at which he used to sell). Find his gain%.
2 %
4 %
6 %
8 %
A
2 %
B
6 %
C
4 %
D
8 %
Open in App
Solution
Verified by Toppr
We have S1100+x1=S2100+x2
30100+20=90%of30100+x2
(∵ 10 % discount allowed)
30100+20=27100+x2
x2=108−100=8%
Was this answer helpful?
0
Similar Questions
Q1
By selling an umbrella for Rs. 30, a merchant gains 20%. During a clearance sale, the merchant allows a discountof 10% on the marked price (the price at which he used to sell). Find his gain%.
View Solution
Q2
By selling an umbrella for Rs 30 a shopkeeper gains 20% During a clearance sale the shopkeeper allows a discount of 10% on the marked price His gain percent during the sale is
View Solution
Q3
By selling an umbrella for Rs. 300. a shopkeeper gains 20% . During a clearance sale, the shopkeeper allows a rebate of 10% on the marked price. The percentage of the shopkeeper gain is -
View Solution
Q4
A merchant allows a discount of 10% on an article before selling it to his customer and still gain 10%. If the merchant bought the article for Rs. 1620, then at what price did he mark the article?
View Solution
Q5
A merchant lost 8% by selling a cycle for Rs.1288. At what price should he sell it in order to gain 8%?