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A shopkeeper gives a discount of 16% on the marked price of a product and still gains 20% on the investment by selling a product. However, if customer returns the product, he charges y% on the selling price to the customer and still does not lose his profit. What is the value of y?a)20b)16.67c)13.33d)12.5Correct answer is option 'B'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about A shopkeeper gives a discount of 16% on the marked price of a product and still gains 20% on the investment by selling a product. However, if customer returns the product, he charges y% on the selling price to the customer and still does not lose his profit. What is the value of y?a)20b)16.67c)13.33d)12.5Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A shopkeeper gives a discount of 16% on the marked price of a product and still gains 20% on the investment by selling a product. However, if customer returns the product, he charges y% on the selling price to the customer and still does not lose his profit. What is the value of y?a)20b)16.67c)13.33d)12.5Correct answer is option 'B'. Can you explain this answer?.

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