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Home Aptitude Profit and Loss See What Others Are Saying!
  • Question
  • A shopkeeper gives 20% discount on the marked price of a book. He provides 1 pair of books free with the sale of 9 pair of books. In the whole transaction, he gets profit of 26%. Find the percentage increase in marked price from the cost price.


  • Options
  • A. 35%
  • B. 65%
  • C. 75%
  • D. 26%

  • Correct Answer
  • 75% 

    Explanation

    Given,Let the cost price of single book be Rs. 100.

    The cost price of (9 + 1) = 10 pair i.e. 20 books = Rs. (100 × 20) = Rs. 2000.He gets profit of 26%.

    So, the selling price of 9 pair i.e. 18 books = Rs. 2000 × (126/100) = Rs. 2520

    Then,the selling price of single book = Rs. 2520/18 = Rs. 140

    He gives 20% discount on the marked price of a book.

    That means, when the selling price is Rs. 80 then the marked price is Rs. 100.

    ?When the selling price of single book is Rs. 140, the marked price = Rs. 140 × (100/80) = Rs. 175

    ?The percentage increase in marked price from the cost price = (175 ?100)% = 75%

  • Tags: Bank Exams, Bank PO, Bank Clerk

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