Multiple choice

After allowing a discount of 16%, there was still a gain of 5%. The the percentage of marked price over the cost price is- किसी वस्तु पर 16% छूट देने पर भी 5% का लाभ प्राप्त हो जाता है। तो उस वस्तु का अंकित मूल्य उसके लागत मूल्य से कितने प्रतिशत अधिक है?

  1. 15%

  2. 18%

  3. 21%

  4. 25%

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

Let cost price = 100. Selling price after 5% profit = 105. This selling price is obtained after 16% discount on marked price, so SP = MP × (1 - 16/100) = MP × 0.84. Therefore MP = 105/0.84 = 125. Marked price exceeds cost price by 125 - 100 = 25%.