Class 8 Exam  >  Class 8 Questions  >  A trader marks his goods 30% above the cost p... Start Learning for Free
A trader marks his goods 30% above the cost price but makes a reduction of  on the marked price for ready money. What is his gain percent?

  • a)
    23.75

  • b)
    23.25

  • c)
    21.875

  • d)
    20

Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A trader marks his goods 30% above the cost price but makes a reductio...
Gain % = (SP − CP)/CP
Let cost price be Rs. 100.
The MP is Rs. 130.
After discount of 6 1/4 %
the SP is Rs. 130(93.75/100)
= Rs. 121.875
Gain% = [(121.875 - 100)/100]*100
= 21.875​    
 
View all questions of this test
Most Upvoted Answer
A trader marks his goods 30% above the cost price but makes a reductio...
Because If trader marks his good = x

then they are saying his goods are priced is more than the cost = 30%
he makes a reduction in marked price for ready money =25/4now we have to find loss %
Free Test
Community Answer
A trader marks his goods 30% above the cost price but makes a reductio...
Gain % = (SP − CP)/CP
Let cost price be Rs. 100.
The MP is Rs. 130.
After discount of 6 1/4 %
the SP is Rs. 130(93.75/100)
= Rs. 121.875
Gain% = [(121.875 - 100)/100]*100
= 21.875​    
 
Attention Class 8 Students!
To make sure you are not studying endlessly, EduRev has designed Class 8 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 8.
Explore Courses for Class 8 exam

Top Courses for Class 8

A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer?
Question Description
A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer? for Class 8 2024 is part of Class 8 preparation. The Question and answers have been prepared according to the Class 8 exam syllabus. Information about A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Class 8 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer?.
Solutions for A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 8. Download more important topics, notes, lectures and mock test series for Class 8 Exam by signing up for free.
Here you can find the meaning of A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A trader marks his goods 30% above the cost price but makes a reduction ofon the marked price for ready money. What is his gain percent?a)23.75b)23.25c)21.875d)20Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Class 8 tests.
Explore Courses for Class 8 exam

Top Courses for Class 8

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev