alleryA shopkeeper marks goods 40% above CP. To earn a profit of 12% he should give a discount of
A18%
B20%
C22%
D25%
Answer & Solution
Correct answer: B. 20%
CP = 100; MP = 140; required SP = 112. Discount = (140 - 112) / 140 x 100 = 28/140 x 100 = 20%.
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