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Question

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%.
  1. 2 %
  2. 4 %
  3. 6 %
  4. 8 %

A
2 %
B
6 %
C
4 %
D
8 %
Solution
Verified by Toppr

We have
S1100+x1=S2100+x2

30100+20=90%of30100+x2

( 10 % discount allowed)

30100+20=27100+x2

x2=108100=8%

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