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The marked price of a pencil is 35% more than its cost price. What maximum discount percentage can be offered by the shopkeeper to sell his…

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The marked price of a pencil is 35% more than its cost price. What maximum discount percentage can be offered by the shopkeeper to sell his pencil at no profit or no loss?
  • A34.24
  • B44.44
  • C25.92
  • D18.18
Answer not set

Discussion 1

0
CCommunity
Let cost price be Rs. 100

Marked price = 100 + 35% of 100 = Rs. 135

Selling price = Rs. 100

∴ Discount % = {(Marked price – selling price)/Marked price} × 100 = {(135 – 100)/135} × 100 = 25.92%