###
**After allowing a discount of 11.11%, a trader still makes a gain of 14.28%. At how many percent above the cost price does he mark on his goods?**

A. 28.56%
B. 35%
C. 22.22%
D. None of these
**Answer: Option A**

## Show Answer

Solution(By Apex Team)

Let the CP be Rs. 100,
Then SP = 100 + 14.28% of 100 = Rs. 114.28
(As Profit = 14.28%)
This profit is arrived after giving discount of 11.11% on the marked price.
Let the marked price be x
$\begin{array}{l}\mathrm{X}-11.11\%\text{ of }X=114.28\\
\mathrm{X}\times\frac{100-11.11}{100}=114.28\\
\mathrm{X}=\frac{114.28\times100}{8889}=\text{ Rs. }128.56\end{array}$
which is more than 28.56% of CP.

## Related Questions on Profit and Loss

### A shopkeeper earns a profit of 12% on selling a book at 10% discount on the printed price. The ratio of the cost price and the printed price of the book is:

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C. 47 : 56

D. 47 : 51

### By selling a bicycle for Rs. 2,850, a shopkeeper gains 14%. If the profit is reduced to 8%, then the selling price will be:

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### A person sold a horse at a gain of 15%. Had he bought it for 25% less and sold it for Rs. 600 less, he would have made a profit of 32%. The cost price of the horse was.

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