# Profit & Loss Mcqs

Q.  A trader lists his articles 20% above C.P and allows a discount of 10% on cash payment. His gain percent is:

a. 10%
b. 8%
c. 5%
d. 6%

ANSWER: See Answer

C.P = Rs. 100.

Then marked price = Rs. 120

S.P = 90% of Rs. 120 = Rs. 108

Gain = 8%
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