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After allowing a discount of 16%, there was still a gain of 5%. Then the percentage of marked price over the cost price is
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- 15%
- 18%
- 21%
- 25%
- 15%
Correct Option: D
Let the C.P. of article be ₹ 100 and its marked price be y.
Discount = 16% and gain = 5%
| ∴ y × | = 105 | |
| 100 |
| ⇒ y = | = 125 | |
| 84 |
Difference = 125 - 100 = 25
∵ C.P. of article = ₹ 100
∴ Required percentage = 25%
Second method to solve this question :
Here, r = 5% , D = 16%
Using the given formula ,
| = | ||
| C.P. | 100 − D |
| = | = | |||
| C.P. | 100 − 16 | 84 |
| Required Percentage = | × 100 = 25% | |
| 84 |
