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A shopkeeper marks an amide at a price such that afier giving a discount of 25%. the gains x%. If the cost price and the marked price
of the article are Rs 460 and Rs 736 respectively. what is the value of x?
20%
18%
24%
16%
- The shopkeeper marks an article at a price of Rs 736.
- A 25% discount is given on this marked price.
- Sale price after discount = 736 - (25% of 736) = 736 - 184 = Rs 552.
- The cost price of the article is Rs 460.
- Gain = Sale price - Cost price = 552 - 460 = Rs 92.
- Gain percentage \((x)\) is calculated by the formula: \( \text{Gain%} = \left(\frac{\text{Gain}}{\text{Cost Price}}\right) \times 100 = \left(\frac{92}{460}\right) \times 100 = 20\% \).
- Option 1: 20%
- Option 2: 18%
- Option 3: 24%
- Option 4: 16%
By: santosh ProfileResourcesReport error
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