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Aparna changes the marked price of an item to 50% above its C.P. What % of discount allowed in approximately to gain 10%?

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Aparna changes the marked price of an item to 50% above its C.P. What % of discount allowed in approximately to gain 10%?
  • A27%
  • B25%
  • C35%
  • D37%
Answer not set

Discussion 1

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CCommunity
As per the given data,

Let the cost price be Rs. 100, then marked price = Rs.150

Given required gain = 10%

∴ Selling price = Rs. 110

We know that discount = Marked price - selling price

So, discount = 150 - 110 = 40

Discount percentage = 40/150 × 100 = 26.66% (nearly 27%)