Home » Aptitude » Profit and Loss » Question
  1. To gain 8% after allowing a discount of 10%, by what per cent cost price should be hiked in the list price?
    1. 9%
    2. 11%
    3. 18%
    4. 20%
Correct Option: D

Let the cost price be $ 100 and marked price be $ y

Then,
y × 90
= 108
100

9y
= 108
10

⇒ y =
108 × 10
= 120
9

∴ Required percentage = 20%



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