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  1. How much percent more than the cost price should a shopkeeper mark his goods so that after allowing a discount of 25% on the marked price, he gains 20% ?
    1. 70%
    2. 50%
    3. 60%
    4. 55%
Correct Option: C

Given that , discount = 25% and gains = 20%
Let C.P.of article = 100
If the marked price of article be y, then

y ×
75
= 120
100

⇒  y =
120 × 100
= 160
75

⇒ 160 - 100 = ₹ 60 i.e. 60% above the cost price .
Second method to solve this question :
Here . r = 25%, R = 20%
Required percentage =
r + R
× 100%
100 − r

Required percentage =
25 + 20
× 100%
100 − 25

Required percentage =
45
× 100 = 60%
75




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