Question:

Dealer marks goods 20% above cost and gives 10% discount. Find gain percent.

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When markup and discount are given, always apply discount on marked price to find SP, then compare with CP.
Updated On: Aug 11, 2025
  • 2%
  • 4%
  • 6%
  • 8%
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The Correct Option is C

Solution and Explanation

Let cost price = 100. Marked price = \( 100 + 20 = 120 \). Selling price after 10% discount = \( 120 - 12 = 108 \). Profit = \( 108 - 100 = 8 \). Gain percent = \( \frac{8}{100} \times 100 = 8% \) — matches option (d).
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