A shopkeeper fixes the marked price of an item 32% above its cost price. The percentage of discount allowed to gain 7% is	Pick one:  A) 18.94%  B) 18.93%  C) 18.92%  D) 18.91%  E) None of these
Explanation:   Let the cost price = Rs 100   then, Marked price = Rs 132   Required gain = 7%,   So Selling price = Rs 107   Discount = 132 - 107= 
<gadget id="calculator">132 - 107</gadget>
<output>25</output>
25   Discount%= (25/132)*100 = 18.93%   Option 18.93%
<result>B</result>
A shopkeeper fixes the marked price of an item 32% above its cost price. The percentage of discount allowed to gain 7% is