BANK J&K Bank PO Mock Test 2020 Quantitative Aptitude Profit and Loss Discount and MP

A shopkeeper gives 20% discount on the marked price of table and gives 1 table free for buying 5 table and thus gains 40%. By what percent he increases the marked price above the cost price?

1

50%

2

100%

3

110%

4

66.7%

5

None of these

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