Arithmetichard · Past Paper
A dealer allows a 5% discount and still gains 14%. How much percent is the MP above CP?
A20%
B15%
C25%
D10%
✓ Correct Answer: A — 20%
Let CP = 100, Gain = 14, SP = 114. MP = (114 * 100) / 95 = 120. MP is 20% above CP.
Share this question
More from Arithmetic
- Find the ratio of 40 minutes to 2 hours.
- What is the CP of an article which is sold for Rs. 1470 at a profit of 16.66%?
- If the radius of a circle is increased by 50%, find the percentage increase in its area.
- If CP is Rs. 75 and SP is Rs. 75, find profit %.
- The ratio of boys and girls in a school is 7:5. If there are 2400 students in total, how many more boys are there than girls?