A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is
Choose the correct answer: A) 20% B) 27% C) 31% D) 43% E) None
Solution   Let C.P	=Rs.100   Then, marked price	=Rs.135,   S.P	=Rs.108.   Discount %	=(27/135×100)%   = 20%   20%nswer 20%
<result>A</result>
A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is