{"id":92304,"date":"2025-06-01T11:20:19","date_gmt":"2025-06-01T11:20:19","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=92304"},"modified":"2025-06-01T11:20:19","modified_gmt":"2025-06-01T11:20:19","slug":"a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/","title":{"rendered":"A shopkeeper fixes the marked price of an item 25% above its cost pric"},"content":{"rendered":"<p>A shopkeeper fixes the marked price of an item 25% above its cost price. What percentage of discount may be allowed to gain 6%?<\/p>\n<p>[amp_mcq option1=&#8221;15.5%&#8221; option2=&#8221;15.2%&#8221; option3=&#8221;15.0%&#8221; option4=&#8221;15.8%&#8221; correct=&#8221;option2&#8243;]<\/p>\n<div class=\"psc-box-pyq-exam-year-detail\">\n<div class=\"pyq-exam\">\n<div class=\"psc-heading\">This question was previously asked in<\/div>\n<div class=\"psc-title line-ellipsis\">UPSC CBI DSP LDCE &#8211; 2023<\/div>\n<\/div>\n<div class=\"pyq-exam-psc-buttons\"><a href=\"\/pyq\/pyq-upsc-cbi-dsp-ldce-2023.pdf\" target=\"_blank\" class=\"psc-pdf-button\" rel=\"noopener\">Download PDF<\/a><a href=\"\/pyq-upsc-cbi-dsp-ldce-2023\" target=\"_blank\" class=\"psc-attempt-button\" rel=\"noopener\">Attempt Online<\/a><\/div>\n<\/div>\n<section id=\"pyq-correct-answer\">\nLet the Cost Price (CP) of the item be \u20b9 100.<br \/>\nThe shopkeeper fixes the Marked Price (MP) 25% above the cost price.<br \/>\nMP = CP + 25% of CP = 100 + (25\/100) * 100 = 100 + 25 = \u20b9 125.<br \/>\nThe desired gain is 6%. The Selling Price (SP) must be CP plus the gain.<br \/>\nSP = CP + 6% of CP = 100 + (6\/100) * 100 = 100 + 6 = \u20b9 106.<br \/>\nThe discount is the difference between the Marked Price and the Selling Price.<br \/>\nDiscount = MP &#8211; SP = 125 &#8211; 106 = \u20b9 19.<br \/>\nThe discount percentage is calculated on the Marked Price.<br \/>\nDiscount Percentage = (Discount \/ MP) * 100% = (19 \/ 125) * 100%.<br \/>\n(19 \/ 125) * 100 = (19 * 4 \/ 125 * 4) * 100 = (76 \/ 500) * 100 = 76 \/ 5 = 15.2%.<br \/>\n<\/section>\n<section id=\"pyq-key-points\">\nProfit percentage is calculated on Cost Price, while Discount percentage is calculated on Marked Price.<br \/>\n<\/section>\n<section id=\"pyq-additional-information\">\nThis type of problem involves the relationship between Cost Price, Marked Price, Selling Price, Profit\/Loss percentage, and Discount percentage. The Marked Price is typically set above the Cost Price, and the discount is offered on the Marked Price to arrive at the Selling Price.<br \/>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>A shopkeeper fixes the marked price of an item 25% above its cost price. What percentage of discount may be allowed to gain 6%? [amp_mcq option1=&#8221;15.5%&#8221; option2=&#8221;15.2%&#8221; option3=&#8221;15.0%&#8221; option4=&#8221;15.8%&#8221; correct=&#8221;option2&#8243;] This question was previously asked in UPSC CBI DSP LDCE &#8211; 2023 Download PDFAttempt Online Let the Cost Price (CP) of the item be \u20b9 &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"A shopkeeper fixes the marked price of an item 25% above its cost pric\" class=\"read-more button\" href=\"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/#more-92304\">Detailed Solution<span class=\"screen-reader-text\">A shopkeeper fixes the marked price of an item 25% above its cost pric<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1086],"tags":[1105,1102],"class_list":["post-92304","post","type-post","status-publish","format-standard","hentry","category-upsc-cbi-dsp-ldce","tag-1105","tag-quantitative-aptitude-and-reasoning","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A shopkeeper fixes the marked price of an item 25% above its cost pric<\/title>\n<meta name=\"description\" content=\"Let the Cost Price (CP) of the item be \u20b9 100. The shopkeeper fixes the Marked Price (MP) 25% above the cost price. MP = CP + 25% of CP = 100 + (25\/100) * 100 = 100 + 25 = \u20b9 125. The desired gain is 6%. The Selling Price (SP) must be CP plus the gain. SP = CP + 6% of CP = 100 + (6\/100) * 100 = 100 + 6 = \u20b9 106. The discount is the difference between the Marked Price and the Selling Price. Discount = MP - SP = 125 - 106 = \u20b9 19. The discount percentage is calculated on the Marked Price. Discount Percentage = (Discount \/ MP) * 100% = (19 \/ 125) * 100%. (19 \/ 125) * 100 = (19 * 4 \/ 125 * 4) * 100 = (76 \/ 500) * 100 = 76 \/ 5 = 15.2%. Profit percentage is calculated on Cost Price, while Discount percentage is calculated on Marked Price.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A shopkeeper fixes the marked price of an item 25% above its cost pric\" \/>\n<meta property=\"og:description\" content=\"Let the Cost Price (CP) of the item be \u20b9 100. The shopkeeper fixes the Marked Price (MP) 25% above the cost price. MP = CP + 25% of CP = 100 + (25\/100) * 100 = 100 + 25 = \u20b9 125. The desired gain is 6%. The Selling Price (SP) must be CP plus the gain. SP = CP + 6% of CP = 100 + (6\/100) * 100 = 100 + 6 = \u20b9 106. The discount is the difference between the Marked Price and the Selling Price. Discount = MP - SP = 125 - 106 = \u20b9 19. The discount percentage is calculated on the Marked Price. Discount Percentage = (Discount \/ MP) * 100% = (19 \/ 125) * 100%. (19 \/ 125) * 100 = (19 * 4 \/ 125 * 4) * 100 = (76 \/ 500) * 100 = 76 \/ 5 = 15.2%. Profit percentage is calculated on Cost Price, while Discount percentage is calculated on Marked Price.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-01T11:20:19+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A shopkeeper fixes the marked price of an item 25% above its cost pric","description":"Let the Cost Price (CP) of the item be \u20b9 100. The shopkeeper fixes the Marked Price (MP) 25% above the cost price. MP = CP + 25% of CP = 100 + (25\/100) * 100 = 100 + 25 = \u20b9 125. The desired gain is 6%. The Selling Price (SP) must be CP plus the gain. SP = CP + 6% of CP = 100 + (6\/100) * 100 = 100 + 6 = \u20b9 106. The discount is the difference between the Marked Price and the Selling Price. Discount = MP - SP = 125 - 106 = \u20b9 19. The discount percentage is calculated on the Marked Price. Discount Percentage = (Discount \/ MP) * 100% = (19 \/ 125) * 100%. (19 \/ 125) * 100 = (19 * 4 \/ 125 * 4) * 100 = (76 \/ 500) * 100 = 76 \/ 5 = 15.2%. Profit percentage is calculated on Cost Price, while Discount percentage is calculated on Marked Price.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/","og_locale":"en_US","og_type":"article","og_title":"A shopkeeper fixes the marked price of an item 25% above its cost pric","og_description":"Let the Cost Price (CP) of the item be \u20b9 100. The shopkeeper fixes the Marked Price (MP) 25% above the cost price. MP = CP + 25% of CP = 100 + (25\/100) * 100 = 100 + 25 = \u20b9 125. The desired gain is 6%. The Selling Price (SP) must be CP plus the gain. SP = CP + 6% of CP = 100 + (6\/100) * 100 = 100 + 6 = \u20b9 106. The discount is the difference between the Marked Price and the Selling Price. Discount = MP - SP = 125 - 106 = \u20b9 19. The discount percentage is calculated on the Marked Price. Discount Percentage = (Discount \/ MP) * 100% = (19 \/ 125) * 100%. (19 \/ 125) * 100 = (19 * 4 \/ 125 * 4) * 100 = (76 \/ 500) * 100 = 76 \/ 5 = 15.2%. Profit percentage is calculated on Cost Price, while Discount percentage is calculated on Marked Price.","og_url":"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2025-06-01T11:20:19+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/","url":"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/","name":"A shopkeeper fixes the marked price of an item 25% above its cost pric","isPartOf":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#website"},"datePublished":"2025-06-01T11:20:19+00:00","dateModified":"2025-06-01T11:20:19+00:00","author":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209"},"description":"Let the Cost Price (CP) of the item be \u20b9 100. The shopkeeper fixes the Marked Price (MP) 25% above the cost price. MP = CP + 25% of CP = 100 + (25\/100) * 100 = 100 + 25 = \u20b9 125. The desired gain is 6%. The Selling Price (SP) must be CP plus the gain. SP = CP + 6% of CP = 100 + (6\/100) * 100 = 100 + 6 = \u20b9 106. The discount is the difference between the Marked Price and the Selling Price. Discount = MP - SP = 125 - 106 = \u20b9 19. The discount percentage is calculated on the Marked Price. Discount Percentage = (Discount \/ MP) * 100% = (19 \/ 125) * 100%. (19 \/ 125) * 100 = (19 * 4 \/ 125 * 4) * 100 = (76 \/ 500) * 100 = 76 \/ 5 = 15.2%. Profit percentage is calculated on Cost Price, while Discount percentage is calculated on Marked Price.","breadcrumb":{"@id":"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/exam.pscnotes.com\/mcq\/a-shopkeeper-fixes-the-marked-price-of-an-item-25-above-its-cost-pric\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/exam.pscnotes.com\/mcq\/"},{"@type":"ListItem","position":2,"name":"UPSC CBI DSP LDCE","item":"https:\/\/exam.pscnotes.com\/mcq\/category\/upsc-cbi-dsp-ldce\/"},{"@type":"ListItem","position":3,"name":"A shopkeeper fixes the marked price of an item 25% above its cost pric"}]},{"@type":"WebSite","@id":"https:\/\/exam.pscnotes.com\/mcq\/#website","url":"https:\/\/exam.pscnotes.com\/mcq\/","name":"MCQ and Quiz for Exams","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/exam.pscnotes.com\/mcq\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/5807dafeb27d2ec82344d6cbd6c3d209","name":"rawan239","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/exam.pscnotes.com\/mcq\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/761a7274f9cce048fa5b921221e7934820d74514df93ef195a9d22af0c1c9001?s=96&d=mm&r=g","caption":"rawan239"},"sameAs":["https:\/\/exam.pscnotes.com"],"url":"https:\/\/exam.pscnotes.com\/mcq\/author\/rawan239\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/92304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/comments?post=92304"}],"version-history":[{"count":0,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/posts\/92304\/revisions"}],"wp:attachment":[{"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/media?parent=92304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/categories?post=92304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/exam.pscnotes.com\/mcq\/wp-json\/wp\/v2\/tags?post=92304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}