Multiple choice

A shopkeeper fixes the marked price of an item 50% above its CP. The percentage of discount allowed to gain 20% is: एक दुकानदार वस्तु का अंकित मूल्य अपने क्रय मूल्य से 50% अधिक निर्धारित करता है। तो 20% के लाभ के लिए उसे कितने % की छूट देनी होगी ?

  1. 16.66%

  2. 20.66%

  3. 20%

  4. 30%

  5. None of these इनमे से कोई नहीं

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

Let CP = 100. MP = 150 (50% above CP). For 20% profit, SP should be 120. Discount = (MP - SP)/MP × 100 = (150 - 120)/150 × 100 = 30/150 × 100 = 20%. The shopkeeper needs to offer a 20% discount on the marked price to achieve a 20% profit.