A shopkeeper fixes the marked price of an item 30% above its cost price. The percentage of discount allowed to gain 6% is	Choose the correct choice from the following options:  A) 18.45%  B) 18.46%  C) 18.47%  D) 18.48%  E) None of these
Explanation:   Let the cost price = Rs 100   then, Marked price = Rs 130   Required gain = 6%,   So Selling price = Rs 106   Discount = 130 - 106= 
<gadget id="calculator">130 - 106</gadget>
<output>24</output>
24   Discount%= (24/130)*100 = 18.46%   Option 18.46%
<result>B</result>
A shopkeeper fixes the marked price of an item 30% above its cost price. The percentage of discount allowed to gain 6% is