Multiple choice

The marked price of a table is Rs. 4800. The shopkeeper allows a discount of 10% and gains 8%. If no discount is allowed, then what would be his gain percent?

  1. 18%

  2. 18.5%

  3. 20%

  4. 20.5%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP = 100. Gain 8% means SP = 108. Discount 10% means 0.9 * MP = 108 => MP = 120. If no discount, SP = MP = 120. Gain = 120 - 100 = 20%.

AI explanation

The selling price after a 10 percent discount on the marked price of 4800 is 90 percent of 4800, resulting in 4320. Since this yields an 8 percent gain, the cost price is 4320 divided by 1.08, which equals 4000. If no discount is allowed, the shopkeeper sells the table for 4800, making a profit of 800 over the cost price of 4000. The gain percent is (800 / 4000) multiplied by 100, which is 20 percent.