A shopkeeper claims to sell his articles at a discount of 10% but marks his articles by increasing the cost of each by 40%.His gain percent is?

(a)26%
(b)29%
(c)30%
(d)35%

• 26%
  
  Let x be the original price of article.
  Shopkeeper increases the marked price by 40%
  
  So selling price = x + 40/100*x = 140/100*x = 1.4x
  
  He then gives a discount of 10%
  Selling price = 1.4x - 10/100*1.4x
  = 1.4x - 0.14x
  = 1.26x
  
  Gain % = (SP - CP)/CP*100
  = (1.26x - x)/x*100
  = 26%
  
• 10 years agoHelpfull: Yes(3) No(0)
• gain % is 40 and discount % is 10.so total income is 30%
• 10 years agoHelpfull: Yes(0) No(1)
• price be x
  then marked value=1.4x
  now he gives a discount of 105
  so price=.9*1.4x=1.26
  now gain %=.26*100=26%
  so the ans is a
• 9 years agoHelpfull: Yes(0) No(0)
• 26...................................
• 9 years agoHelpfull: Yes(0) No(0)
• let c.p=100 mp=140,s.p=140-10/100*140=126
  gain %=26
  correct ans is option a
• 8 years agoHelpfull: Yes(0) No(0)