672 views

1 Answer

1 votes
1 votes
11.11% = 1/9

14.28% = 1/7

Let us suppose that markup price is 9x. After discount, SP becomes 8x

It is given that after making the discount, the trader makes gain of 14.28%. So, the CP becomes 7x

Thus, he mark his goods 2/7 i.e. 28.56% above CP

Hence, answer is option A

Related questions

0 votes
0 votes
0 answers
1
0 votes
0 votes
0 answers
2
0 votes
0 votes
0 answers
3
makhdoom ghaya asked Jun 15, 2017
471 views
The questions are based on the following information.What is the simple annual rate of increase in the number of Agricultural loans from $1970$ to $1983$?$132$%$81$%$75$%...
0 votes
0 votes
0 answers
4
makhdoom ghaya asked Jun 15, 2017
437 views
The questions are based on the following information.In which year was the number of loans per rural bank the least?$1974$$1971$$1970$ $1975$
0 votes
0 votes
0 answers
5
makhdoom ghaya asked Jun 15, 2017
528 views
The questions are based on the following information.What is the value of Agricultural loans in 1983 at 1970 prices?326531753085None of these