A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is

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Let the cost price = Rs 100 then, Marked price = Rs 135 Required gain = 8%, So Selling price = Rs 108 Discount = 135 - 108 = 27 Discount% = (27/135)*100 = 20%

A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is

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