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The cost of an item is 20% less than it...

The cost of an item is 20% less than its marked price. At what percentage above its cost price is the item marked?

A

0.1

B

0.12

C

0.2

D

0.25

Text Solution

Verified by Experts

The correct Answer is:
D
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PEARSON IIT JEE FOUNDATION-PROFIT AND LOSS DISCOUNT AND PARTNERSHIP -CONCEPT APPLICATION (LEVEL 1)
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  2. The marked price of a bicycle is ₹1728. By selling it at a discount of...

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  6. The single discount that is equivalent to two successiv discounts of 1...

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  8. The sum of the selling prices of two toys having the same cost price ...

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  9. The selling price of an article is (11)/(6) times that of its cost pri...

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  10. A trader makes a profit of 10% on an article by selling it after allow...

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  11. profit shared by two persons A and B at the end of a year are in the r...

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  13. Himaja sold a bicycle for Rs 1210 to Girija at a gain of 10% and Vasu ...

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  14. A man sold an article for ₹ 88 at a loss. But, if he sells it for ₹ 11...

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  15. Find the single discount equivalent to the successive discounts of 25%...

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  16. A and B started a business with a total investment of Rs 30600. If the...

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  17. A and B started a business with investments of ₹ 6000 and ₹ 7000 respe...

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  18. A sold an article for ₹ 420 at a gain of 5% and B sold an article for ...

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  19. What is the ratio by which the C.P. has to be multiplied to get the S....

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